Question

Find the compound
interest on Rs 1,000 at the rate
of 8% per annum for 18 months
when interest is compounded
half-yearly ?
​

Answer 1

Answer:

Step-by-step explanation:

P=1000,R=10%,T=18months or3/2 yrs....

A=P(1+r/2*100)^n

=1000(1+10/2*100)^3/2*2

=1000*21/20*21/20*21/20

=9261/8

=1157.625

CI=A-P

=1157.625-1000

=157.625

Answer 2

Answer:

hope it helps.......................