Question

find the amount received on rupees 24000 at 5% per annum after 3 years compounded half yearly​

Answer 1

Answer:

Step-by-step explanation:

Principal= 24000

Rate= 5% p.a

Time= 3 years

Amount = $P( 1 + \frac{R}{2*100} ) ^{2n}$

= $24000( 1 + \frac{5}{200}) ^{6}$