Question

find the compound interest on 5000 at the rate of 10% p.a.
compounded semi-annually
for 112 yeشتا​

Answer 1

Answer:

see it

Step-by-step explanation:

PrincipalP==5000Rs

Compond Rate per annum=10%

Compound Rate half yearly=210=5%=r

Time=5.5yrs=5.5×2=11=n half years

A=P×(1+100r)n

A=5000×(1+1005)11

A=5000×(1+(0.05))11

A=5000×(1.05)11

A=5×1.71

A=8550Rs

CI=A−P=8550−5000=3550Rs

Hence the answer is 3550Rs