Question

find the amount and the compound interest on 16,000 for 3 by 2 years at 10% p.a the interest being compounded half yearly​

Answer 1

Answer:

Principal =Rs.16000

Amount =Rs.18522

Rate =10% annually

Here, Rate =  

2

1

​  

×10=5% half yearly

Time n=?

Amount=Principal(1+  

100

R

​  

)  

n

 

18522=16000(1+  

100

5

​  

)  

n

 

⇒  

16000

18522

​  

=(1+  

100

5

​  

)  

n

 

⇒  

8000

9261

​  

=(  

20

21

​  

)  

n

 

⇒(  

20

21

​  

)  

3

=(  

20

21

​  

)  

n

 

∴ Period of the loan =3 half years =1  

2

1

​  

 years.

Step-by-step explanation:

Answer 2

Answer:

p

Step-by-step explanation:

principle 16000

time. 3/2×2-3 half yearly

rate of interest is equal to to 5%

16000 ×5 ÷100

800 interest

2 part 16800× 5/100- 840

17640

3 part - 17640× 5/100-882

ans 18522