Question

Golu lent polu rup. 32,500 to purchase a bike at 12.5%per annum. If the interest is compounded semi-annually, find the interest paid by polu after 3/2​

Answer 1

Answer:

Your ans. is 38707.5

Step-by-step explanation:

Principal=32500

Rate of interest=12.5%

Time=3/2 yrs

compound interest=P(1+r/1000)^t

32500(1+12.5/100)^3/2

32500*1.191(approx.)

38707.5

Answer 2

Answer:

hope it's helpful for you thanks