Question

find the amount of 24500 in 6 months at 8% per annum,when interest is compounded half yearly

Answer 1

Answer:as your question first write the formula of PTR/100 = 245×6×8/100= ₹11,760 .SO IN HALF YEARLY = the money with should divide with 2 =11760/2=₹5,880.

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Step-by-step explanation: