Find the compound interest and amount: Principal- 65,000 & Rate % = 9.5% Time= 7/2
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Answer:
principal = 65000
Rate = 9.5%
Time = 7/2
= P x R x T/100
= 65000 x 9.5 x 7/100 x 2
= 65 x 95 x 7/2
= 21612.5
compound interest for 7/2 = 3 year 5 months
= 21612.5 - 65000
= Rs. 43387.5
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