Find the compound intrest on Rs1000 at the rate of 10% per annum for 18 months when Intrest is compounded half yearly.
Answers
Answered by
6
Answer:
157.625
Step-by-step explanation:
p=1000
R=10
N3/2
A=p(1+R/2×100)*2n
=1000(1+10/2×100)*2×3/2
=1000(1+1/20)*3
=1000(20+1/20)*3
=1000×21/20×21/20×21/20
=21×21×21/2×2×2
=1157.625
C.I=1157.625-1000
=157.625
Similar questions