Question

Find the compound interest on 12000 at 8%
pa
for 1 year, the interest payable half-yearly.
Find the compound interest on 15000 at 6%​

Answer 1

Answer:

yrf simply division the summm

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

To find compound interest when interest is compounded half-yearly we use formula

A=P(1+

2

r

)

2n

Here, P=Rs.12000,r=10% and n=1.5 years

Hence,A=12000(1+0.05)

3

A=12000×1.157625

A=Rs.13891.5