Question

Pe
LC
PO
11.
u geldiler 1 year?
2
more could he earn if the interest were compounded half-yearly?
12
8. Neeraj lent 65536 for 2 years at 12-% per annum, compounded annually. How much​

Answer 1

Answer:

Answer

P= 65536, R=

2

35%

Rate of interest for a half year =

4

25%

A=P×(1+

100

R

)

n

=65536×(1+

100×4

25

)

2

=65536×(

16

17

)

4

=17×17×17×17=83521

CI=17985Rs

A=P×(1+

100

R

)

n

=65536×(1+

100×2

25

)

2

=65536×

8

9

×

8

9

=82944

CI=A−P=82944−65536=17408

⇒17985−17408=577