Question

find the Amount and the compound interest on
$rs10000 \: for \: 1 \times \frac{1}{2}$

$\rule{300}{2}$
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Answer 1

Answer:

$hey dear,$

$hëre is your answer$

P = 20,000 USD on half-yearly

R = 7%

n = 4 Years

semi-annual

compound interest formula

CIhalf-yearly = P (1 + [(R/2)/100]2n)

= 20000 x (1 + [(7/2)/100](2 x 4)

= 6336.18

The total interest payable is 6336.18 USD

hope it's helpful for you .

Answer 2

Answer:

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