Math, asked by dheeraj17singh, 3 months ago

Find the compound interest on 5000 at the rate of 10% p.a. compounded semi- annually for 1 1/2​

Answers

Answered by xsz
1

Answer:

3550Rs

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

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