Find the difference between the Compoung Interest on Rs.8000 for 3/2 years at 10% p.a. when compounded annually and semi annually.
AyushKeshri:
The answer behind my book is 21.But i dont know how they got it...??plz help :(
Answers
Answered by
61
Compound Interest for 3/2 year annually is :P(1+R/100)^T
8000(1+10/100) ^3/2 (3/2=1.5)
8000(11/10)^1.5
=9229.5
CI=9229.5-8000
=1229.5 Rupees
Compound Interest if calculated Semi Annualy=P(1+R/200)^2T
8000(1+10/200)^2×1.5
8000(1+1/20)³
8000(21/20)³
=9261 rupees
CI=9261-8000=1261 rupees
Difference=1261-1229.5= 31.5 Rupees
pls mark as brainliest
8000(1+10/100) ^3/2 (3/2=1.5)
8000(11/10)^1.5
=9229.5
CI=9229.5-8000
=1229.5 Rupees
Compound Interest if calculated Semi Annualy=P(1+R/200)^2T
8000(1+10/200)^2×1.5
8000(1+1/20)³
8000(21/20)³
=9261 rupees
CI=9261-8000=1261 rupees
Difference=1261-1229.5= 31.5 Rupees
pls mark as brainliest
Answer not correct bro..even i have tried a lot..i think answer behind the book is incorrect..
I suppose so... Pls send the book name
The answer is coming out as 31.48 rupees which is an estimate to 31.5. I suppose the answer in the book is incorrect
Hmm..
Im very weak in maths can u tell me how can i become strong..
Answered by
59
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