Math, asked by swapjanswapnil, 4 months ago

Mr Lal borrowed a sum of 18,000 from a finance company at the rate of 18% p.a. compounded half-yearly for
18 months. Find the amount and the compound interest Mr Lal will pay.

Answers

Answered by Kaylaxbarb
2

Answer: Compound interest=1.18 and amount=29574.58

Step-by-step explanation:

total time = 18 months = 1 and a half years = 3 half years.

100+18=118/100=1.18 (multiplier/the compound interest)

18,000 x (1.18)^3

= 29574.576 = 29574.58

Answered by abharanee1984
2

Answer:

₹23310.52,₹5310.52

Step-by-step explanation:

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