Find the interest that David would receive if he invests ₹ 10,000 for 18 months at 12% per annum, the interest being compounded half-yearly.
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Answered by
4
Answer:
Given:
P= Rs 8192
R=12.5% p.a
n=1.5 years
When the interest is compounded half-yearly, we have:
A=P(1+
200
R
)
2n
A=8192(1+
200
12.5
)
3
A=8192(1.0625)
3
∴A= Rs 9826
Thus, the required amount is Rs9826
Answered by
0
Answer:
I will mark you the brainliest
Step-by-step explanation:
I will mark you the brainliest
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