find the amount on 12000rs in one year
at 10 % per
annum compound half yearly
Answers
Answered by
1
Step-by-step explanation:
compound half yearly
r=10/2=5%
n=1×2=2
A=P(1+r/100)^n
=12000(1+5/100)^2
=12000(1.05)^2
=12000(1.1025)
=13230
Answered by
1
Answer:
Rs.12600
Step-by-step explanation:
Here,
Principal= Rs. 12000
Rate= 10%
Time= 1 year
but it is compounded half yearly,
so,
T=6 months×2
R=10÷2=5%
since,A=P(1+r/100)^n
therefore,
A=12000(1+5/100)^1
A=12000×105/100
A=12000×1.05
therefore, A=12600.
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