Math, asked by neupanesabu99, 7 months ago

Find the semi - annual compound interest on Rs 5000 for 3/2 years at the annual rate of 10%

Answers

Answered by payalkashyap78960

2

Answer:

Rs 5788.125

Step-by-step explanation:

Firstly we find a new rate and time because in case of semi annuly we multiply time by 2 and divide rate by 2.

Rate=10% devided by 2= 5%

Time=3/2 *2= 3 years

Put all values on formula of Compound Interest.

you will find answer as given above.

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