Question

Neeraj lent rupees 65536 for 2 years and 25/2 %per annum compounded annually how much more could he earn if the interest were compounded half yearly​

Answer 1

Answer:

Neeraj would earn rupees 577 more if the interest were compounded half yearly..

Step-by-step explanation:

For comcompounded annually.

P= Rs 65536

R= 25/2%

n= 2 years

C.I.= P * {1+(25/2*100)}^2

=65536 * { 1 +(25/200)}^2

=65536 * {1+(1/8)}^2

=65536* {8+1/8)}^2

=65536 * {9/8}^2

=65536* 81/64

=82944.

For compounded half yearly

P= Rs 65536

R= 25/2 * 1/2

=25/4%

n=2 years

= 4 half years..

C.I. = P * {1+ (25/4*100)}^ 4

= ...........(put the values)

=83521.

Therefore, neeraj would earn Rs (83521-82944) = Rs 577 more if the interest were compounded half yearly..

Answer 2

Answer:

neeraj would earn 577rupees