Math, asked by guryamehr123, 2 months ago

Find the compound interest on Rs. 2500 invested at 6% per annum, compound semiannually for 8 years.

Answers

Answered by vaidyabhavi21
0

Answer:

1511.77

Step-by-step explanation:

A−P  

P(1+R%n)nT−P

P[(1+R%n)nT−1]

Given, n=2, T=8, P=2500Rs., R%=6%

2500[(1+6%2)16−1]

2500[(1.062)16−1]

=1511.77

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