Math, asked by neena094256, 18 days ago

Find the compound interest on ₹2,50,000 at the rate of 8% per annum for 18 months, when the interest is compounded half yearly.

Answers

Answered by dhwaniagrawales133

Answer:

Step-by-step explanation:The number of half years in the 18 month tenure = 3. Compound Interest = Amount - Principal = 66,550 - 50,000= Rs. 16,550.

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Find the compound interest on ₹2,50,000 at the rate of 8% per annum for 18 months, when the interest is compounded half yearly.​

Answers

Find the compound interest on ₹2,50,000 at the rate of 8% per annum for 18 months, when the interest is compounded half yearly.