Find the amount and the compound interest on 50000 for 11
years at 8% per annum,
the interest being compounded semi-annually.
Answers
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Step-by-step explanation:
I=50000×11×8/100=
500×11×8=
500×88=44,000
A=50000+44000
=94000
amount is 94000
interest is 44000.
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