find the amount and the compound interest on rupees 10000 for 1 and half year at 10% per annum compounded half yearly
Answers
Answered by
3
Answer:
hey mate here is ur ans
Step-by-step explanation:
we have
P= 10000
t = 1 .1/2 = 3/2
amount = P(1+r/100)^t
10000(1+10/100)^3/2
10000(11/10)^3/2
10000(1.153)
= 11530
compound interest = amount - principal
= 1530
hope it help u
Answered by
2
Princicipal = 10000
Time = 1.5 year means 1 and half year .
Rate = 10%
Amount = p( 1 + r/100)time.
agar half yearly puchha hai to rate divided by 2 and time multiply by 2. okk
Amount = 10000(1 + 5%/100)3 year
Amount = 10000×21/20×21/20×21/20
Amount = 11576.25
Now Compound Interest = Amount - Principal
11576.25 - 10000
= 1576.25
So, Compound Interest = 1576.25
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