Question

find the amount paid for rupees 160000 at 10% per annum compounded semi annually for 2 years is​

Answer 1

Explanation:

$a = p(1 + \frac{r}{n} ) {}^{nt}$

p = principal amount (the initial amount you borrow or deposit)

r = annual rate of interest (as a decimal)

t = number of years the amount is deposited or borrowed for.

a = amount of money accumulated after n years, including interest.

n = number of times the interest is compounded per year

Given :

p = ₹ 160000

r = 10% per annum

t = 2 years

n = 2

$a = 160000(1 + \frac{10}{2 \times 100} ) {}^{2 \times 2}$

A = ₹ 194481

Answer 2

Answer:

your answer is rupees 194481