Math, asked by kaurr7157, 12 days ago

Rahul gave loan of Rs 12,288 to Aryan at the rate of 12.5%per annum. Calculate the amount that aryan has to pay to rahul after 3/2 years ,if the interest was compounded half- yearly. .

Answers

Answered by chatlavenkati1977
2

Answer:

14573.25

Step-by-step explanation:

Loan amount of Rahul gave to Aryan =12,288

interest per annum as to pay Aryan = 12.5%

3/2 years = 1year 6months

interest per 1months =

\frac{12.5}{12} = 1.0416667

interest of 6months =1.0416667×6

=6.25

total interest =12.5+6.25 = 18.50%

interest amount =

\frac{18.75}{100 }  \times 12188 = 2285.25

Total amount that Aryan has to pay to Rahul =

12,288+2285.25 = 14573.25

14573.25

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