Math, asked by kunalsaini55pcbbf4, 1 year ago

the compound interest on 5000 at the rate of 8% per annum for 18 month when interest compounded half yearly

Answers

Answered by Guest2003
5

To find compound interest when interest is compounded half yearly, we use the following formula.

A = P ( 1 + r/2)2n and C.I = A - P

where, P = principal
R = rate in percent p.a.( per annum i.e. annually)
n = number of years.


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