ramesh invests rupees 280000 for 3 years at 10 percent yearly, at compound interest compounded half yearly.
Find the Compound Interest
Answers
Answered by
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 .
Please follow me
Similar questions