Question

find the compound interest on rs 10,000 for 2 1/2 at 5% per annum compounded anually​

Answer 1

Answer:

10,000 in 2 years at 4% per annum, the interest being compounded half-yearly.

Step-by-step explanation:

Principal = Rs. 10000; Rate = 2% per half-year; Time = 2 years = 4 half-years.

Amount == Rs. 10824.32.

Rs.[10000*(1+2100)4]=Rs.[10000*5150*5150*5150*5150]

C.I. = Rs. (10824.32 - 10000) = Rs. 824.32.