Math, asked by dhavalp1212, 9 months ago

Find the amount and the compound interest on rupees three 32500 for 1 year and 12% per annum compounded half yearly.

Answers

Answered by nithyashree31005

9

EXPLANATION

P=$32500

R=12/2=6%

T=1year =2 half years

Interest for 1st half year

32500*6*1/100

=$1950

Amount=1950+32500

=$34450

Interest for 2nd half year

34450*6*1/100

=$2067

Amount=2067+34450

=$36517

CI=$36517-$32500

=$4017

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