Question

Roma deposited * 75000 to a finance company for 1 1/2 years at 16% p.a. What amount will she get if the interest is compounded half-yearly?​

Answer 1

Answer:

around one lack ten thousand one hundred ninety eight

Answer 2

1. Answer:

94478.40

Step-by-step explanation:

p=75000

t=1 1/2 years =3/2 years

r=16% p.a.

A=P(1+r/100x2)^nx2

=75000(1+16/100x2)3/2 x2

=75000(100+8/100)^3

=75000(108/100)^3

=75000x108/100x108/100x108/100

=94478.40 answer

here you go, i just did my homework