rs 62500 for 3/2 years at 8% per annum compounded half yearly
Answers
Answered by
13
Hii dear!!
P= Rs 62500
R= 8%
T= 1.5 years
N= 2
A = P(1 + r/n ) nt = 62500 (1 + 0.08/2 ) ^2*1.5
A = 62500 ( 1 + 0.04 ) ^3
A = 62500( 0.04 )^3
= Rs 70,304.
I Hope Help You.
P= Rs 62500
R= 8%
T= 1.5 years
N= 2
A = P(1 + r/n ) nt = 62500 (1 + 0.08/2 ) ^2*1.5
A = 62500 ( 1 + 0.04 ) ^3
A = 62500( 0.04 )^3
= Rs 70,304.
I Hope Help You.
shellyduggal:
the answer is wrong
because your answer is half
oh sorry I have seen wrong answer behind my book
Answered by
11
Hello mate.......
Here is your answer........
P = 62500
T = 3/2 = 3years
R = 8/2 = 4%
A = P ( 1 + r/100)^t
A = 62500 ( 1 + 4/100)^3
A = 62500 × 104/100 × 104/100 × 104/100
A = 703,040,000/10,000
A = 70304
C.I = 70304 - 62500
= Rs. 7804 ans.
I hope, it will help you...
MARK ME AS BRAINLIST
Here is your answer........
P = 62500
T = 3/2 = 3years
R = 8/2 = 4%
A = P ( 1 + r/100)^t
A = 62500 ( 1 + 4/100)^3
A = 62500 × 104/100 × 104/100 × 104/100
A = 703,040,000/10,000
A = 70304
C.I = 70304 - 62500
= Rs. 7804 ans.
I hope, it will help you...
MARK ME AS BRAINLIST
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