Find the compound interest on₹10000 in 2yr at 4% per annum,the interest being compounded half yearly
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p= 10000
r=4/2 = 2%
t= 2yr = 4 times
A=P (1 + r /100)^
=10000 (1+ 2/100)^
10000×102/100 × 102/100 × 102/100
102/100
=10824.3216
CI =A-P
= 10824.3216 - 10000
interest =824.3216
hope it helps uu dear. ......♤♤♤♤
r=4/2 = 2%
t= 2yr = 4 times
A=P (1 + r /100)^
=10000 (1+ 2/100)^
10000×102/100 × 102/100 × 102/100
102/100
=10824.3216
CI =A-P
= 10824.3216 - 10000
interest =824.3216
hope it helps uu dear. ......♤♤♤♤
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