Question

Find the amount and the compound interest on rupees 120000 at 8% per annum for 1 year compounded half yearly

Answer 1

Step-by-step explanation:

Amount=P(1+R/100)T

CI=A-P

P=120000

R=8%

T=1 year

A = 120000(1+8/100)

A = 120000(108/100)

A=1200+×108

A=1316

CI=A-P

CI=131600-120000

CI=11600

1/2year=11600/2

=5800,,

i think it is the answer

Answer 2

Step-by-step explanation:

93442.56 hi

Answer 3

Step-by-step explanation:

93442.56 hi