Question

find the compound interest on 5000 at 12% p.a. for 1 half years if the interest is compounded half yearly

Answer 1

principal amount=5000
rate of interest per half year = 6%
time = 2-half years
amount = (5000*(1+6/100)*2)
             =(5000*53/50*53/50)
             =5618 rupees
compound interest = (5618-5000) = Rs.618.
   * represents multiplication.

Answer 2

See the attach file for ans