Math, asked by savlayashvib, 3 months ago

find the compound interest on ₹8000 at 15% for 1 year , if the interest is compound semi-annually

Answers

Answered by akansharao

8

Answer:

P=8000

i=0.075(15/100/2)

n=6(semi annually)

Cl=P(1+i^n-1)

8000(1+0.75)^6-1)

8000(0.543301524)

=4346.412192

Step-by-step explanation:

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