Question

find the compound interest on 25000 rupees for 2½ year at 16% per annum compounded half yearly​

Answer 1

Answer:

6492.2

Step-by-step explanation:

amount = 25000×(1+16/200)3/2×2

amount = 8×27×27×27/5 = 31492.2

compound interest = 31492.2-25000= 6492.2

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