Question

Find the compound interest on 21.000 at 12% rate of interest for 1 yez
compounded half-yearly.​

Answer 1

Step-by-step explanation:

principle= 21

rate =12/2=6%

time=1×2=2 years

c.i = p ×( 1+r/100)^t

=21×(1+12/100)^2

21×28/25×28/25×28/25

=