Question

Q.9 Find the amount and compound interest on Rs. 20000 for 1 year at 10% o per annum
compounded half yearly. Would this interest be more than the interest he would get if it is
compounded annually?
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Answer 1

Answer:

Yup quarterly Ammount its obviously would be high cause u shld be paying two times with interest per year while in annually it only gonna occurs once.

Step-by-step explanation:

so far for one year,

interest could be 20,000×10/100 that is 2000 thus total amount to be get paid js 22000

while when it gets compounded half yearly it would be

• 20,000×121/100 that is 4200 and amount would be 24200 which is max then annually.

mark me as brainliest :)

Answer 2

Answer:

amont: 22000 and compound interest -2000