find the difference between the compound intrest on rs 6000 for 1×2+1÷2 years at 4%p.a. when compound half-yearly and when compounded quaterly
Answers
Answered by
1
P=6000
R=4%=4÷2=2%
T=1×2+1÷2=3÷2×2=3 yrs
First find the amount.
A=6367.248
CI=367.248
R=4%=4÷2=2%
T=1×2+1÷2=3÷2×2=3 yrs
First find the amount.
A=6367.248
CI=367.248
Answered by
1
Difference is Rs. 1.88
Attachments:
Similar questions