Question

Find the amount on Rs 8000 for 1year at 5% pa
1.Compounded annually
2.Compounded semiannually
3.Compounded quarterly​

Answer 1

• Annually: Rs. 400
• Semiannually: Rs. 405
• Quarterly: Rs. 407.56

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Answer 2

Answer:

This is your answer

Compounded annually

Step-by-step explanation:

WER

P= Rs.8000, Time =1 year, R=5 % payable half-yearly

Amount =P(1+

100

R

)

t

⇒8000(1+

2×100

5

)

2

⇒8000×(1+

40

1

)

2

⇒8000×

40

41

×

40

41

⇒41×41×5= Rs. 8405

C.I = Amount − Principal

C.I =8405−8000= Rs. 405

Hope it help you

Thanku