Math, asked by anubhav3185, 5 months ago

Find the Compound Interest on Rs, 5000 for 1 year at 8% p.a., compounded half yearly.

Answers

Answered by Anonymous

2

Answer: 408

Step-by-step explanation:

P=5000,R=8%,T=1yr

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

=5000(208/200)^1*2

=5000*208/200*208/200 =5408

CI=A-P

5408-500=408

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