Question

Suraj invested 40,000 in a savings scheme for 1 year at 13% p.a., interest being compounded half yearly. How much will he get at the end of 1 year?​

The answer is Rs 45,369. Pls write only in STEP B STEP. No direct answer allowed .......

.If you dont know or if you get wrong answer........then dont answer coz that answer will be reported. BEST ANSWER WITH STEP BY STEP EXPLANATION WILL BE MARKED AS BRAINLIST

Answer 1

Step-by-step explanation:

Given,

p = 40000

r = 13%pa

t = 1 year

when compounded half yearly the amount is given by (compound Interest).

A=p( 1+x/2)2t

= 40000 (1 + 13/100 ×1/2)2×1

= 40000 ( 213/200)2

= 45369

Answer 2

Answer:

$> {( {0 { { {y2}^{?} }^{?} }^{?} }^{2} }^{?} 3118 |?| 4000$