Question

Find the compound interest on 12600 for 2.5year at 10% per annum compounded semi -annually

Answer 1

Step-by-step explanation:

here ,p=12600 n=5/2×2=5

r=10/2=5

compound addition=12600×(1+5/100)^5

12600×21/20×21/20×21/20×21/20×21/20

after calculation 16081.1476...

let 16081.1476...=16081

compound interest=16081-12600

3481

Answer 2

Step-by-step explanation:

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