Question

Find the compound intrest on ₹160000 for 2 years at 10% per annum , compounded semi - annually ?

Answer 1

Answer:

Step-by-step explanation:compound interest=P (1+R/100)T

10% p.a.=5%P.h.y.

2 years=4 half years

CI=16000 (1+5/100)4

=16000×21/20×21/20×21/20×21/20

=34481.0

Answer 2

Step-by-step explanation:

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