Question

find the ci on 64000 for 3/2 yrs at 5% pa the interest being compounded half yearly
heres your answer
enjoy​

Answer 1

Answer:₹4864

A=P(1+R/200)*2n

A=64000(1+5/200)*2×3/2

A=64000(1+5/200)*3

A=64000×205/200×205/200×205/200

A=64000×1.076

A=₹68864

CI=A-P

CI=68864-64000

Step-by-step explanation:

A=P(1+R/200)*2n

A=64000(1+5/200)*2×3/2

A=64000(1+5/200)*3

A=64000×205/200×205/200×205/200

A=64000×1.076

A=₹68864

CI=A-P

CI=68864-64000