find the compound interest on 7500 at 12% per annum for 7 years, compounded half-yearly
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Answered by
2
p = 7500
r =12% , 12/2 ,6% half yearly
t = 7 yes. ,7×2 , 14 half years
amount = p*(1+r/100)^t
7500 ( 1 + 6/100)^14
7500 ( 1+3/50)^14
7500 (50 + 3/50)^14
7500 (53/50)^14
7500 *(53/50)^14
₹ 16956.77
ci = a -p
16956.77 - 7500
₹9456.77
r =12% , 12/2 ,6% half yearly
t = 7 yes. ,7×2 , 14 half years
amount = p*(1+r/100)^t
7500 ( 1 + 6/100)^14
7500 ( 1+3/50)^14
7500 (50 + 3/50)^14
7500 (53/50)^14
7500 *(53/50)^14
₹ 16956.77
ci = a -p
16956.77 - 7500
₹9456.77
Answered by
2
P=7500
R=12%/2=6%
T=7y×2=14half years
C.I.=P[(1+R/)^14-1]
=7500[(1+6/)^14-1]
=7500[(53/50)^14-1]
=7500[1.739-6.1035/6.1035]
=7500×7.6959/6.1035
=9.456803e26
please mark it as brainlist.......
R=12%/2=6%
T=7y×2=14half years
C.I.=P[(1+R/)^14-1]
=7500[(1+6/)^14-1]
=7500[(53/50)^14-1]
=7500[1.739-6.1035/6.1035]
=7500×7.6959/6.1035
=9.456803e26
please mark it as brainlist.......
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