find the compound interest on rupees 5000 sooo at 12%
per annum for one and half years. years, if the interest is compounded semi - annully
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Answered by
11
Answer:
Find the compound interest on rupees 5000 sooo at 12%
per annum for one and half years. years, if the interest is compounded semi - annually.
Principal = Rs. 5000
Time = 1 and half year= 3 half-years
Rate = 12% per annum = 4% per half year
✦So, the intrest for the first half - years is
✧The amount at the first half-year is Rs5000+200 = Rs5200
✧The principal for the second half - year is Rs5200
✦So,the interest for the second half-year is
✧The amount at the end of the third half-year is 5200 + 208 = Rs 5408
✧The principal for the third half-year is Rs 5408
✦So, the interest for the third half-year is
Therefore, the final amount = Rs 5408 + 216.32
= Rs 5624.32
➨ Final amount - original amount
➨ Rs 5624.32 - Rs 5000
➨ Rs 624.32
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✦HOPE IT HELPS✦
Answered by
15
Answer:
Find the compound interest on rupees 5000 sooo at 12%
per annum for one and half years. years, if the interest is compounded semi - annually.
✧Principal = Rs. 5000
✧Time = 1 and half year= 3 half-years
✧Rate = 12% per annum = 4% per half year
➥So, the intrest for the first half - years is
➥The amount at the first half-year is Rs5000+200 = Rs5200
➥The principal for the second half - year is Rs5200
➥So,the interest for the second half-year is
➥The amount at the end of the third half-year is 5200 + 208 = Rs 5408
➥The principal for the third half-year is Rs 5408
➥So, the interest for the third half-year is
Therefore, the final amount = Rs 5408 + 216.32
= Rs 5624.32
➫ (Final amount) - (original amount)
➫ Rs 5624.32 - Rs 5000
➫ Rs 624.32
✦✧Hope it helps you࿐ཽ༵
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