Question

find the amount and compound interest on rs 64000 for 1.5years at 15% per annum compounded half yearly​

Answer 1

Answer:

The answer is

Amount = Rs.97,336.

Compound Interest = Rs.33,336.

Step-by-step explanation:

As it is compounded half yearly we will n as 3.

Then we use this formula to find the amount : A=P*(1+R/100)n

Now after finding the Amount we will find C.I. by

C.I. = Final Amount - Original Principal(Rs.64,000)