please answer me urgently please send me answer please urgent
Attachments:
Answers
Answered by
0
Answer:
Given Principal =92000
Rate of interest = 20% P.A.
n = 1.5 years.
We know that A = P(1 + r/100)^n
When the interest is compounded semi-annually.
A = P(1 + r/200)^2n
= 92000(1 + 20/200)^3
=92000(11/10)^3
= 92000* 1.331
=122452.
We know that CI = A - P
= 122452- 92000
= 30452
We know that SI = PRT/100
=92000* 20 * 3/100 * 2
= 92000 * 60/200
= 27600
difference =30452-27600
=2852
Similar questions