Question

find the compound interest and amount on rupees 4000 at 4 percentage per annum for 1 years when interest compounded half yearly​

Answer 1

Answer:

for first half Year= 4000*4*1/2*100=80

amount=principal+interest

amount =4000+80=4400

for second half year=4080*4*1/2*100= 40.8

amount=4080+40.8=4120.8

compound interest =4120.8-4000=120.8