Question

find the amount to be paid at the end of 2 years on Radio 2400 at 8 % per annum compounded half yearly​

Answer 1

Answer:

A = P [1+ R/100 ] n

P=2400,R=5,n=2

A=2400 [1 + 5/100]²

=2400 [21/20]²

=6×21×21

=Rs.2646

I hope this will be help you.