Question

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

Answer 1

Step-by-step explanation:

Given:

P= Rs 8192

R=12.5% p.a

n=1.5 years

When the interest is compounded half-year

A = P (1 + R/100) n

= 8192 (1 + 12.5/2×100)3

= 8192 (212.5/200)3 = Rs 9826