Question

find the amount and compound interest for principal 8000 rate 8%p.a. time 5/2years​

Answer 1

p-8000

r-8

5.2

a={1×8/100}5.5

1×2/25=27/25

8000×27/25×27/25×27/25×27/25×27/25

Answer 2

■HEY DEAR.. HERE IS YOUR ANSWER..

Principal= 8000
Rate=8%... as we know in quaterly we divide the rate by 4... ( 8÷4=2)..

TIME=3/2..in quaterly we multiply the time by 4...(3/2×4=6)..

AMOUNT= (P×1+rate/100)^n

=8000×102/100 ×102/100 ×102×100×102/100×102/100 ×102/100

=8000 ×1.02×1.02×1.02×1.02×1.02×1.02

= try find... yourself...

CI =AMOUNT - principal

CI...AMOUNT-8000

■HOPE ITS HELPFULL

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