Math, asked by shubhpreetkaur4690, 7 months ago

find the amount on 2048 for 18 months at 12 1/2 % per annum of the intrest is compounded half yearly​

Answers

Answered by jjasmeen012
0

Answer:

Interest compounded half yearly

⟹r=(10%)/2=5% per interest period.

No.of interest period (n)=2(3/2)=3P=Rs.2400

CI=P[(1+100r)n−1]

CI=24000[(1+10010)3−1]=3783

Hence, the compound interest=Rs.3,783

Step-by-step explanation:

I HOPE ITS HELP YOU

Similar questions