Question

populate the amount and CI if the interest is compounded half yearly principal is equal to 4000 rate 10% time 1 divise 1 by 2 years​

Answer 1

Answer:

Principal =Rs.4000

Rate =10% Pa 5% per half yearly

Time =3/2 yrs 3 half years

Amount =4000(1+5/100)³

=4000(1+1/20)³

=4000(20+1/20)³

=4000(21/20)³

=4000(9261/8000)

=4000×9261/8000

=4×9261/8

=37044/8

=4630.50

Amount =Rs. 4630.50

CI=Rs (4630.50 - 4000)

=Rs 630.50

Answer 2

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