Golu lent Polu 32 , 500 to purchase a bike at 12 . 5 % per annum . If the interest is comounded semi - annually , find the interest paid by Polu after 15 years
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kya malum yar kya hoga kuch na kuch to hona hu I chahiye
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Step-by-step explanation:
simple intrest= PTR /100
P=32500
T=15 but rate is semi annually
so T=30year
rate=12.5 semi annualy
rate=12.5/2
Intrest=32500*30*12.5/2*100
325*15*12.5
60,937.5
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