Question

ramesh invests rupees 280000 for 3 years at 10 percent yearly, at compound interest compounded half yearly.
Find the Compound Interest​

Answer 1

Answer:

Answer is Rs.17036.80.

Step-by-step explanation:

Principal =Rs.12800

Rate of interest =10%

Time =3 years

Amount=P(1+

100

R

)

T

⇒A=12800(1+d

100

10

)

3

⇒ A=12800×

100

110

×

100

110

×

100

110

=Rs.17036.80

Hopefully it will help you .

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