Q. 8. Find the amount and the
to
compound interest on Rs. 10,000 for 1-1/2
years at 10% per annum, compounded half
yearly. Would this interest be more than
the interest he would get if it was
compounded annually ?
Answers
Answered by
1
mark as brainliest please
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Answered by
4
Step-by-step explanation:
p= 10000
r = 10/2 %= 5% per annum
n = 3/2*2 = 3 years
A = p (1+r/100)^ n
= 10000 ( 1+5/100)^3
(10000 * 105 *105*105)/ 1000000
11576250000/1000000
11576.25 rs
it's amount for when compund interes will half yearly
but ....for annuly it's will less....
I mean
ci half yearly < ci anuly
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