Question

find the compound interest on rupees 6400 for 2 years compounded half yearly at 7 1by2 per annum​

Answer 1

Step-by-step explanation:

P= 6400

t=2 n=1/2

R=15/2

A= P(1+R/100)^t/n

A = 6400(1+15/200)2/1/2

log A = log 6400 + log(43/40)4

=3.806+4(log43-log 40)

=3.806 + 0.1256

log A = 3.9136

A=Antilog(3.9136)

A= 8195

C.I = 8195-6400

=1795

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Answer 2

Step-by-step explanation:

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