Question

find find the amount and CI in the following compound annual 1) P = ₹ 44100, R = 10% N = 1/1/2years​

Answer 1

Answer:

Principal P=Rs.4,000. Since the interest is compounded half-yearly the number of conversion periods in 1 /1 /2

years are 3. Also the rate of interest per conversion period (6 months) is 10%× 1/2

=5%(0.05 in decimal).

Thus the amount AA (in Rs.) is given by

Añ=P(1+i)ñ

A³

=4,000(1+0.05)³

=4,630.50

The compound interest is therefore Rs. (4,630.50−4,000)

=Rs.630.50.

Answer 2

Answer:

Answer:Principal P=Rs.4,000. Since the interest is compounded half-yearly the number of conversion periods in 1 /1 /2 years are 3. Also the rate of interest ᴘᴇʀ ᴄᴏɴᴠᴇʀsᴀᴛɪᴏɴ

Step-by-step explanation:

Pʟs ᴍᴀʀᴋ ᴀs ʙʀᴀɪɴʟɪᴀsᴛ ᴀɴᴅ ғᴏʟʟᴏᴡ ᴍᴇ✌️