find the compound interest on rupees 1000 for 18 months at 10% per annum compounded half yearly
Answers
Answered by
74
P=1000,R=10%,T=18months or3/2 yrs....
A=P(1+r/2*100)^n
=1000(1+10/2*100)^3/2*2
=1000*21/20*21/20*21/20
=9261/8
=1157.625
CI=A-P
=1157.625-1000
=157.625
Answered by
5
Answer:
P=1000,R=10%,T=18months or3/2 yrs....
A=P(1+r/2*100)^n
=1000(1+10/2*100)^3/2*2
=1000*21/20*21/20*21/20
=9261/8
=1157.625
CI=A-P
=1157.625-1000
=157.625
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