Sangeetha invested 20000 per annam
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Answered by
0
Answer:
investment ac .. dr. 20000
- to cash ac. 20000
Explanation:
inbestment ac dr because it is a assest for the firm and cash is credit because it was go out
Answered by
0
Answer:
Here. Principal (p)= Rs 20000
Rate of interest =r=8% per annum
Time =1 year
Half yearly interest =r/2
Number of times interest paid =2
Compound interest = p[1+(r/2)/100]^2n
= 20000[1+(8/2)/100]^2*1
=20000[1+4/100]^2
=20000[104/100]^2
=20000*104/100*104/100
=2*104*104
=Rs1632
Explanation:
Hope helps
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