Question

he amount which Amit will get on
12500, if he gave it for 1 year at 16% p.a., interest being compounded half-yearly.​


and I promise u will be mark as brainlist

Answer 1

Answer:

1000 is half year interest.

Step-by-step explanation:

formula is

rate x p.c.p.a x time/year

--------------------------

100

rate=12500

p.c.p.a= 16%

year= 1

solve :

100÷12500=125

125×16×1 =2000

2000 is 1 year interest.

1000 is half year interest.

plzzzzz follow and mark in brainlist.

Answer 2

Principal=12500

rate=16% i.e 8%

time=1 year i.e 2 half year

amount=12500×(1+8/100)2

=12500×1.08×1.08

=14580