Sona deposited ₹ 20000 in a bank for 1year at the rate 10% p.a. Find the amount she
receive at the end of first year from the bank when compounded half-yearly.
Answers
Answered by
0
Step-by-step explanation:
P=₹20000
R=10% p.a.
T=1 year
A=P(1+r/2×100)¹
20000(1+10/2×100)¹
20000(1+10/200)
20000(200/200+10/200)
20000(210/200)
100×210
₹21000
Therefore the amount received after 1 year is ₹21000
Answered by
0
Answer:
22050 rupees
Step-by-step explanation:
P= 20,000
N= 1 x 2 = 2
R = 10/2 = 5
A= P ( 1 + (R/100) ^ N
= 20,000 ( 1 + 5/100) ^ 2
= 20,000 ( 105/100) ^ 2
= 20,000 ( 21/20) ^ 2
= 20,000 x 21/21 x 21/20
=(20,000 x 441) / 400
= 22050
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