Rs 8000 for 1years at 9% per annum compounded half yearly
Answers
Answered by
2
hi yeah !!!
this is your answer !!!
compond interest on half yearly (amount) = p(1+r/200)2T
p= principal = 8000
r= rate = 9%
t = 1y
lets put the values
8000(1+9/200)2
8000×209/200×209/200
amount = 8765
ci = a -p
ci = 8765-8000
compond interest= 765
this is your answer !!!
compond interest on half yearly (amount) = p(1+r/200)2T
p= principal = 8000
r= rate = 9%
t = 1y
lets put the values
8000(1+9/200)2
8000×209/200×209/200
amount = 8765
ci = a -p
ci = 8765-8000
compond interest= 765
Answered by
1
Refer the attachment.
Attachments:
Similar questions