Pls solve this question friends
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Compounded half early:
rate= 10/2=5%
Time= will be double=2×1.5=3 years

A=

A=

20,000×21/20×21/20×21/20
20×21/2×21/2×21/2
5×21×21×21/2
46,305/2
Rs.23,152.5
SO,AFTER 1.5 YEARS COMPOUNDED HALF YEARLY TOTAL AMOUNT TAKEN RS.23,152.5
ABOVE FORMULA IS SAME TO OTHER FORMULA BUT IN MY FORMULA I ALREADY DIDVED BY 2 TO RATE AND MULTIPLY BY 2 TO TIME IN HALF YEARLY COMPOUNDED.
HOPE IT HELPS YOU!
rate= 10/2=5%
Time= will be double=2×1.5=3 years
A=
A=
20,000×21/20×21/20×21/20
20×21/2×21/2×21/2
5×21×21×21/2
46,305/2
Rs.23,152.5
SO,AFTER 1.5 YEARS COMPOUNDED HALF YEARLY TOTAL AMOUNT TAKEN RS.23,152.5
ABOVE FORMULA IS SAME TO OTHER FORMULA BUT IN MY FORMULA I ALREADY DIDVED BY 2 TO RATE AND MULTIPLY BY 2 TO TIME IN HALF YEARLY COMPOUNDED.
HOPE IT HELPS YOU!
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