Math, asked by sahabulti779, 1 day ago

Mukesh borrowed 75000 from a bank. If the rate of interest is 12% per annum, find the amount he would be paying after 3/2 years if the interest is (i) compounded annually (ii) compounded half-yearly.​

Answers

Answered by raodevansh008
1

Answer:

(i) Rs.88897 (ii) Rs.89326

Step-by-step explanation:

Given that P=75000

R=12%

T=  2

3  years

To find the amount :

(i) when compounded annually,

A=P(1+  100 R )  T  

A=75000(1+  100 12 ) 2 3

​  

A=Rs.88897.2

(ii) when compounded half yearly,

A=P(1+ 200R )2T

 

A=75000(1+  200 12 )2×23

 

A=Rs.89326.2

Answered by harupdesh05b
0

Answer:

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Step-by-step explanation:

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