Question

Find the amount and the compound interest on rs 120000 at 8% per annum for 1 year , compounded half yearly. ​

Answer 1

Answer:

amount=129792

compound interest=9792

Brainliest plz

Answer 2

Answer:

A=p(1+r/100)n

= 120000(1+4/100)2

= 120000*6/5*6/5

= 127800

Compound interest = A - P

= 127800 - 120000

= 52800