rs.8000 for 1 year at 9% per annum compounded half yearly
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Answered by
1
however you have not seen it in your previous mail to the wrong one or if I can make 77777 of any type in your office thatis in a better condition and I have been working for my parents in my past two months in order of my life
Answered by
2
Step-by-step explanation:
For Compound Interest,
Amount=Principal(1+
100
Rate
)
Time
Compound Interest = Amount- Principal
Therefore, in this case, since the interest is compounded annually the time =2.5 years
and rate =4.5% per half year
Amount=8000(1+
200
9
)
2
Amount =8736.20
Compound Interest = Amount - Principal =8736.20−8000=Rs.736.20
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