Find the compound interest on rs 8000at 20 percent per annul for 1and half years compounded half yearly
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HeY MatE !!
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Amt=p(1+r/100)(1+r/100)(1+r/100)
Because 1 1/2 yrs in half yearly=2*3/2=3
=8000*6/5*6/5*6/5
Hence amt=13824
Compound interest=5824
Because 1 1/2 yrs in half yearly=2*3/2=3
=8000*6/5*6/5*6/5
Hence amt=13824
Compound interest=5824
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