Question

find the amount and the compound interest on 8000for 1year at 10%per annum compounded half year​

Answer 1

Answer:

find the amount and the compound interest on 8000for 1year at 10%per annum compounded half year

Answer 2

Answer:

A = Rs.8,820 & C.I. = Rs.820.

Step-by-step explanation:

P = 8000 ; n= 1 Y & r = 10 %

Since compound half yearly,

n = 1*2 = 2 & r = 10/2 = 5%

A = P(1 + r/100)^n

A = 8000(1 + 5/100)^2

A = 8000* 21/20*21/20

A = Rs.8,820 ANS.(1)

C.I. = A - P

C.I. = 8820 - 8000

C.I. = Rs.820 ANS.(2)

Hope it helps u Brother !