Question

Mathew invested Rs 25000 at 15% per annum for 3 years interest compounded annually and Rs 25000 at 10% per annum for 1.5 years, interest compounded half -yearly. Find the difference in the interests.

Please answer.

thank you

Answer 1

Answer:

Step-by-step explanation:

:

Amount=P(1+r100)t

Amount=25000(1+4100)1

After 2 years

Amount=25000(1+4100)(1+5100)

A=27300

option c is correct.