find the amount and the compound interest on rupes 6000 for 1 year 10% per annum compounded half yearly
Answers
Answered by
23
r=10÷2=5%
n=1×2=2years
ci=p (1+r/100)^n
=6000 (1+5/100)^2
=6000 (1.05)^2
=6000×1.1025
=6615
ca=ci-p
=6615-6000
=615
plz mark it brainliest
n=1×2=2years
ci=p (1+r/100)^n
=6000 (1+5/100)^2
=6000 (1.05)^2
=6000×1.1025
=6615
ca=ci-p
=6615-6000
=615
plz mark it brainliest
Answered by
3
Answer:
6615
Step-by-step explanation:
Rate of interest in half yearly 10%÷2=5%
N= 2Half yearly
A= 6000 (1+5/100)2
6000×105/100×105/100
= 6615
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