Question

Principle=75000
Rate=12%
Time=1-1/2year
Find the amount of money compounded half yearly

Answer 1

Answer:

Step-by-step explanation:

P=75000

R=12%

T=1 1/2 years=3/2 years

A=75000(1+12/200)^(3/2)*2

=75000(1+12/200)^3

=75000*(212/200)*(212/200)*(212/200)

=89326.2

Answer 2

HERE IS YOUR ANSWER

◆GIVEN :-

PRINCIPAL (P) - 75000

RATE (R) - 12%

TIME (N) - 1-1/2 YEARS

AMOUNT = (A)

◆ANSWER:

A = P(1+R/100×1/2)^2N

= 75000(1+12/100×1/2)^2×1-1/2

= 75000(1+6/100)^3

= 75000×53/50×53/50×53/50

= 75×53/5×53/5×53/5

= 3×53×53×53/5

= 446631/5

= 89326.5

◆HENCE, TOTAL AMOUNT COMPOUNDED HALF YEARLY IS 89326.5.