Accountancy, asked by anandaish61321, 1 year ago

Find the amount of rs. 64000 at 5% p.A for 1year 6months.If the interest being compoonded half yearly

Answers

Answered by kunj266

0

The formula will be

amount = principal (1+rate)^n

= 64000(1+.025)^3

=68921

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