jose took a loan of rs 15000 from a bank at arate of interest 12 percent compounted half yearly how much amount would be hae to pay after one.year
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Answer:
15360
Step-by-step explanation:
15000 ×(12×2)/100=pay back amount after one year
15000×24/100 = pay back amount after one year
150 ×24 = pay back amount after one year
360 = pay back amount after one year
Amount total pay back amount after one year:-
interest amount + loan =Amount total pay back amount after one year
360+15000 = Amount total pay back amount after one year
answer = 15360
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