find the compound interest on Rs 12000 for 1.5 years at 8%per annum compound half yearly.
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Step-by-step explanation:
Given -
Principal 12000 Rate of interest = 8% Years = 1.5 Amount = Principal (1 + R/ 100) raised to N %3D = 12000 (1+ 8/ 100) raised to 1.5 = 12000 x 27/ 25 x 13.5 x 12.5 = 480 x 27 x 13.5 / 12.5 = 38.4 x 27 x 13. 5 = 13996.8 Therefore amount will be rs. 13996.8
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