Question

find the amount and compound interest on rupees 8192 for 3/2 years at the rate of 25 / 2% compounded semiannually​

Answer 1

Answer:

Given:

P= Rs 8192

R=12.5% p.a

n=1.5 years

When the interest is compounded half-yearly, we have:

A=P(1+200R)2n

A=8192(1+20012.5)3

A=8192(1.0625)3

∴A= Rs 9826

Thus, the required amount is Rs9826

Answer 2

Step-by-step explanation:

Given:

P= Rs 8192

R=12.5% p.a

n=1.5 years

When the interest is compounded half-yearly, we have:

A=P(1+

200

R

)

2n

A=8192(1+

200

12.5

)

3

A=8192(1.0625)

3

∴A= Rs 9826

Thus, the required amount is Rs9826