Math, asked by rohanbasava12, 4 months ago

find the compound interest on rs 8000 at 8% per annum for 3 years, compounded half-yearly?

Answers

Answered by chanchalsinha559
0

Answer:

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

A=8000(1+4/100) ^6

=8000(1+1/25) ^6

=8000(25+1/25) ^6

=8000(26/25) ^6

= 8000×26/25 26/25×26/25×26/25×26/25×26/25

= 10122.5521

since, CI=A+P

=10122.5521+8000

=10922.5521

hope this help you

Answered by Anonymous
18

Question

Find the compound interest on Rs 8000 at 8% per annum for 3 years , compounded half yearly.

Answer

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

A=8000(1+4/100) ^6

=8000(1+1/25) ^6

=8000(25+1/25) ^6

=8000(26/25) ^6

= 8000×26/25 26/25×26/25×26/25×26/25×26/25

= 10122.5521

since, CI=A+P

=10122.5521+8000

=10922.5521 ans.

Thanks..

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