Question

find the compound interest on rupees 1000 @ 10% for 3 years when the interest is compounded half yearly.​

Answer 1

Answer:

C. I=A-P

so first we found amount

A=P{1+r/100}^number of years

Step-by-step explanation:

A=1000{1+10/100}^3

A=1000×110/100×110/100×110/100

A=1331

C. I=A-P

C. I=1331-1000

C. I=331

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