on
Find the compound interest
Rs 3000 at the rate of 6%
per annum for 11/2 year
compounded half a yearly.
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Answered by
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Answer:
COMPOUND INTEREST
AMOUNT =P(1+R/2)*2n
AMOUNT=3000(1+0.6/2)*2 3/2
AMOUNT= 3000(1+0.3)*3
AMOUNT=3000(1.3)*3
AMOUNT=3000(2.197)
AMOUNT=6591
C.I=A - P
C.I=6591-3000
C.I=3591
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