Question

Rs 8000 for 1 year at 9 % per annum compounded half yearly.

Answer 1

Hey Bro, Here Is Your Answer

Step-by-step explanation:

P = Rs.8000

R=  9% Per Annum

T=  1 Year

 Compounded Half Yearly---  

          9/2 = 4·5%

Required Amount   =           8000{ 1 + 9 / 2 × 100}^2

                                =     Rs. 8736.20

And Compound Interest, CI = Amount - Principal =

                                       Rs. (8736.20 - 8000) = Rs. 736.20

Hope It Helps You

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