Question

Find the amount on 256 in one year at 12
2
% per annum, when the interest is compounded
half-yearly​

Answer 1

Answer:

256 will amount to Rs. 289 in 1 year at 12+1/2 per annum when the interest is compounded half yearly

Answer 2

Answer:

₹287.6416 IS THE ANSWER!!!

Step-by-step explanation:

PARAMETERS GIVEN,

PRINCIPAL = ₹256

RATE%=12%

TIME=1 YEAR

SO,

A.T.Q.,

A=P(1+R/200)²ⁿ

 = 256(1+12/200)²*¹

 = 256(212/200)²

 = (256*212*212)/200*200

 = 11505664/40000

 = ₹287.6416

I HOPE YOU UNDERSTOOD THE QUESTION