Question

if the interest is compounded half yearly , calculate the amount when the principal is 7400, the rate of interest is 5% and the duration is one year.​

Answer 1

Step-by-step explanation:

principal = 7400

R = 5% per annual

compund of half yearly

Amount = P ( 1+ R/2 × 1/100) 2×h

7400(41/40)^2

Ammount = 7774 . 625

Answer 2

Answer:

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