Question

Find the CI athe the rate of 14% per annum for 1 year on a sum of ₹12,000 compounded half - yearly . please don't tell only answer show the method olso ​

Answer 1

Answer:

Sum (p) = Rs. 12000 Rate of interest = 14 % per annumTime = 1 yearSince the interest is compounded half yeary.Therefore, R = 142 = 7 % n = 2 Therefore,

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

principal =12000

rate=14 percent

time=one year (it means two half years)

ci= p×r×t÷100

ci=12000×7×1÷(2×100)

ci=420

amount= 12000+420=12420

ci for 2nd year=12420×7×1÷(2÷100)

ci=434.7

amount=12420+434.7=12854.7