Question

Principal=20000 Rs Time=2.5 years Rate = 10%. Find the amount and compound interest being compounded half yearly​

Answer 1

Step-by-step explanation:

in half yearly compound interest time us doubled and rate is half

so,

your formulae is

amount is equal to principal into 1 + rate by hundred to the power time is equal to amount is equal to 20000 into 1 + 5 upon hundred to the power 5 20 is equal to 20000 21 upon 22 the power 5 is equal to 21 into 21 into 21 into 21 into 21 divided by 20 into 20 into 20 into 20 into 20 into 20 mm is equal to 4 0 8 0 4 1 0 1 upon 160

amount is equal to 25525.6 3 now compound interest is equal to amount minus principal that is 25520 5.63 -20000 that is rupees 5520 5.63