Question

let p is the principal and interest compounded half yearly at the rate of 20 percent per annum then amount after 2 year will be ​

Answer 1

Answer:

20 45. 493434800. 484340.

Step-by-step explanation:

67240+0. +82480+%%8542+85457

Answer 2

Amount after 2 year will be

P + 0.4641 P or P [1+0.4641] or 1.4641 P

To find :

Amount after 2 years

Given data:

P = P

R = 20%

N = 2 years

Formula :

Compound interest calculated half yearly

$P[1 + \frac{\frac{R}{2} }{100} ]$

and

A = P + I

Here,

P = principle

R = rate of interest

N = no of year

A = amount

I = interest

Solution:

Formula to find compound interest half yearly,

= $P[1 + \frac{\frac{R}{2} }{100} ]$

On substituting the values of R and N in the equation we get,

= $P[1 + \frac{\frac{20\%}{2} }{100} ]^4$

= $P[1 + \frac{10}{100} ]^4$

Taking LCM we get,

= $P[ \frac{110}{100} ]^4$

= $P[ 1 . 10 ]^4$

= P [1.4641]

Thus, the amount calculated for 2 years will be 1.4641 P

To know more :

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