Question

find the amount and compound interest on 10000Rs.For 2½years at 10% per annum compounded annually​

Answer 1

Mera answer correct o b sakta ya nahe

u try ones ok I have done by my own

Compounded half yearly:

A=P(1+

200

r

)

2n

×(1+

100

br

)

=10000(1+

200

10

)

(2)

×

⎝

⎜

⎜

⎛

1+

100

2

1

×10

⎠

⎟

⎟

⎞

=10000(1.1025)(1.05)

=11576.25

Amount =Rs.11,576.25

CI=A−P=Rs.1576.25