Question

Find the amount and the compound intrest on 5000 for 1 and half year at 8% per annum, the intrest being compound semi-annually.​

Answer 1

Answer:

MATHS

Find the compounded interest on Rs. 5000 for 1 year 8% per annum, compounded half-yearly.

ANSWER

Given, Pricnipal=Rs. 5000

Rate =8%

Time =1 year, ⟹n=2∵ Compounded half-yearly

A=P(1+2.100r)n

A=5000(1+2008)2

A=5000(200208)(200208)

A=5408

C.I=A−P

=5408−5000

=408

C.I.=408.

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