Math, asked by prachibhatt26, 4 months ago

find the compound interest on 15,000 for 1 1/2 years at the rate of 8% per annum if the interest is being compounded semi - annually. please help me.

Answers

Answered by ydharmendra888

Step-by-step explanation:

P=15000

r =8

n =3 bcoz compounded semi annual

A =P(1+r/100)^n

15000(1+8/100)^3

=18895.68

CI =18895.68-15000

=3895.68

I think it is helpful for you

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