Question

Find the amount and compound interest on Rs 4096 for 18 months at 12% per annum, compounded half-yearly ​

Answer 1

Answer:

The amount which Ram will get on ₹ 4096 if he gave it for 18 months at 1212 12 1 2 % per annum, interest being compounded half yearly is ₹ 4913.

plz make me brainliest answer .

Answer 2

Answer:

Step-by-step explanation:

Given:

P= Rs4096

R=12.5% p.a

n=1.5 years

We have:

A=P(1+ r/100)(power n)

When the interest is compounded annually, we have:

A=P(1+ 3/200)(power 2n)

A=4096(1+ 12.5/200)(power 3)

A=4096(1.0625) (power 3)

∴A= Rs 4913

Thus, the required amount is Rs 4913.