Question

Find the c.i.when calcu.in half yearly pri4000time-1year3monthandrate2percent

Answer 1

P = 4000
t = 1 year 3 month = 1.25 years
r = 2% = 0.02
n = 2

$A = P(1+ \frac{r}{n} )^{nt} =4000(1+ \frac{0.02}{2} )^{2*1.25}=4000(1.01 )^{2.5}=4100.75 \\ \\ C.I=A-P=4100.75-4000=Rs.\ 100.25$