Principal 15000, 10%p.A , compounded every six month what will be amount
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Answer:
Step-by-step explanation:
P= 15000
R= 10%
T =6monthes
Amount = principal + interest
..
Interest = p × r × t /100
15000×10×6 /100
= 9000000 / 100
= 90000
Hence , interest = 90000
..
Now we can find the amount
Amount = principal + interest
? = 15000+ 90000
AMOUNT = 10500
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