Question

Find the compound interest on 1,50,000
for 3 years at the rate of 10% p.a. compounded half yearly. ​

Answer 1

Answer:

49650

Step-by-step explanation:

$amount = p {(1 + r \div 100)}^{t } \\ = 150000 {(1 + 10 \div 100)}^{3} \\ = 150000 {((100 + 10) \div 100)}^{3} \\ = 150000 {(110 \div 100)}^{3} \\ =150000(11 \div 10) \\ = 150000(1331 \div 1000) \\ = 150 \times 1331 \\ = 199650 \\ \\ \\ compound \: interest = amount - p \\ = 199650 - 150000 = 49650$

Answer 2

Answer:

the answer is 49650

thanks