Question

find the amount and the compound interest on Rs 8,000 for 1½ years at 20% per compounded half-yearly​

Answer 1

Answer:

4, 000 I am thinking 4,000 is the answer

Answer 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