find the amount and CI on 25000 for 10 years at 9 percent per annum compoumded half yearly
shivapandit942:
it is compounded hald yearly
half
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Amount = P [(100+R)/100] ^n
A = 25000[(100+9)/100]^10
A = 25000[109/100]^10
A = 59184.10
I = A - P
I = 59184.10 - 25000
I = 34184.10
Hope it helps :)
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A = 25000[(100+9)/100]^10
A = 25000[109/100]^10
A = 59184.10
I = A - P
I = 59184.10 - 25000
I = 34184.10
Hope it helps :)
Pls mark as brainliest :)
Ohh sorry
You have to use a calculator
To solve it
okk please tell me now
how to solve
Change the formula to R/2 and 2n
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