Question

find the compound interest on rupees 250000 for 1 and half years at 8% per annum when the interest is compounded half yearly​

Answer 1

Answer:

Step-by-step explanation:

hope it helps ya p=25000,R=8%,T=3half years

Amount=P(1+rate/100) *t

A=25000(1+8/100)*t

A=25000×108/100×108/100×108/100=52488

so A=52488

then,compound interest=A-P

52488-25000=27488