find the compound interest on rupees 8000 for 2 years at 8% per annum compounded half yearly
Answers
Answered by
1
Answer:
R=8% I have taken it as 9% so you will have to do the recalculation for better understanding bro.
Given that P = Rs 8000 , n = 2 and R = 9%.
A = P ( 1 + R / 200)
2n
A = 8000( 1 + 4.5 / 200)
2
A = 8000 x (204.5 / 200) x (204.5 / 200)
A = Rs 8364.05
Hence Interest = Rs 8364.20 - 8000 = Rs 364.05
Answered by
0
Answer:
Pls Mark Me As Brainliest
Attachments:
Similar questions