Question

rs 62500 for 3/2 years at 8% per annum compounded half yearly

Answer 1

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.

Answer 2

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...

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