find the amount and the compound interest on Rs 8,000 for 1½ years at 20% per compounded half-yearly
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Answered by
1
Answer:
4, 000 I am thinking 4,000 is the answer
Answered by
2
ANSWER
amount = 10648
Step-by-step explanation:
principal of first year =8000
rate=20%
time=0.5 years
SI for 1 first year = P*R*T/100
= 8000*20%*0.5
=800
AMOUNT AND P OF SECONT YEAR=
8000+800
=8800
SI for second year =P*R*T/100
=8800×0.5×20/100
=880
AMOUNT AND PRINCIPAL FOR THIRD YEAR =
8800+880
=9680
SI for third year = P×R×T/100
=9680×0.5×20/100
=968
FINAL AMOUNT =9680 +968
=10648 ANS
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