Question

I P=50,000
R =10.5% p.a.
T =1 year
amount compounded half
yearly
Please help me ​

Answer 1

Answer:

Ans.

Amount:- P( 1 + R/100) t

= 50000(1+10.5/100) 1

= 50000(1+ 10.5/100×10) 1

= 50000(106/100) 1

= 500×106

= 53000.

:. Amount :- 53000.