Question

Find the interest on Rs. 6000 for 3 years at 6% per annum,the interest being compounded half-yearly.

Answer 1

here u can use the formula
A=p(1+r/n)n/t
the equation is A=6000(1+6/100×2)2×3. (here
we divide the rate by 2 and multiply time by 2 because interest is
compounded half yerly)

the equation is...
A=6000(1+6/100×2)6
find the amount and don't forget to tell me the answer .

and after u got the amount u subtract it with principal
as CI.=A-P