Question

if principal rs 40000 rate of interest is 10% compounded half yearly find the interest for 6 months​

Answer 1

Step-by-step explanation:

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as the compound half yearly is given so the time is 1 for 6 months

10+10/100% of 40000

10+0.1 % of 40000

= 10.01 % of 40000

= 4004