Question

Find the amount and compound interest on 10000 for 1 year at 12% per annum compounded half yearly​

Answer 1

Answer:

compound interest

on 10000

time 1 year .

Rate =12% p/a half yearly

C.I = A-P

10000=100%

100=1%

12*100=1200

NOW THE LAST AMOUNT = 10000+1200

Ruppes 11,200 ..answer