p=1000 r=2% t=2 years find amount at compounded annually and compunded half yearly
Answers
Answered by
23
GivEn :-
- P = 1000
- R = 2%
- t = 2 years
To Find :-
- amount at compounded annually
- and compounded half yearly
Step-by-step explanation:
➤ Amount at compounded annually :-
- P = Principal
- r = Rate of interest
- n = Time
➤ Substituting the values,
➤ Amount at compounded half yearly :-
➤ Substituting the values,
Anonymous:
Perfect !
Answered by
42
Given:-
➯Principal = 1000
➯Rate of Interest = 2 %
➯Time = 2 Years
To Find:-
➯Amount at compounded Annually
➯Amount at compounded Half yearly
Solution:-
➊First Case:-
✦To Find the amount compounded at Annually,
➯Using formula,
➯Let time be n
➋Second Case:-
✦To Find The amount compounded at half Annually,
➯Using formula,
➯Let time be 2n
Hence,
✦The amount compounded Annually
= ₹ 1040.4
✦The amount compounded Half Annually
= ₹ 1040.6
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