find the compound intrest on ₹ 15000 for 2 years at the rate of 10 per annum when intrest is compound half-yearly
Answers
Answered by
0
Step-by-step explanation:
p=15000
r=10/2=5%
t=2×2=4years
A=P[1+r/100]^4
A = 15000[1+4/100]^4
A=15000[26/25]^4
26. 26. 26. 26
A=15000× ------- ×------× ------ × --------
25. 25. 25. 25
A=24×26×26×26×26
-------------------------------
25×25
A=24×26×26×26×26
---------------------------------
625
A=17,547.8784
Componded interest = A-P
=17,547.8784 - 15000
= ₹ 2,547.8784
Similar questions
Environmental Sciences,
1 month ago
Computer Science,
1 month ago
History,
1 month ago
English,
2 months ago
Math,
9 months ago
Math,
9 months ago