Math, asked by sunilray1774, 20 days ago

find the compound interest on rs 14000 for 1 1/2 years at 12% p.a. , if the interest is compound half-yearly .

please answer it correctly donot make it joke
please answer in step by step
it anwer is 2674.22 please solve this question step by step.

Answers

Answered by abhi96255

0

since it's half yearly

therefore rate = 6%

time 3 years

now just solve using the formula

you will get

ci approx = rs 2794

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