Neeraj lent Rs.65536 for 2 years at 12 1/2 % per annum compounded annually . How much more could he earn if the interests were compounded half years?
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Answered by
26
Answer:
∴ We know that A = P(1+r/100)^n
= ₹65536(1+25/200)^2
= ₹82944.(Annually)
∴ We know that A = P(1+r/100)^n
=₹ 65536(1+25/400)^4
= ₹65536(425/400)^4
= ₹83521.
∴The amount he earns = ₹83521 - ₹82944
=₹ 577.
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anju2730:
gud
Answered by
17
HEY MATE!!
A = P(1+r/100)^n
= ₹65536(1+25/200)^2
= ₹82944.(Annually)
A = P(1+r/100)^n
=₹ 65536(1+25/400)^4
= ₹65536(425/400)^4
= ₹83521.
∴The amount he earns = ₹83521 - ₹82944
=₹ 577.
HOPE IT HELPS YOU!!!
A = P(1+r/100)^n
= ₹65536(1+25/200)^2
= ₹82944.(Annually)
A = P(1+r/100)^n
=₹ 65536(1+25/400)^4
= ₹65536(425/400)^4
= ₹83521.
∴The amount he earns = ₹83521 - ₹82944
=₹ 577.
HOPE IT HELPS YOU!!!
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