Math, asked by sicogfxinquiries, 7 hours ago

the compound interest on rs 1000 at 8% per annum for 6 months compounded semi annualy
give correct or get reported​

Answers

Answered by realanshuu
0

Dear Student,

★Answer:

The interest is Rs 816.

★ Step-by-step explanation:

We know,

P ( 1+ \frac{R}{100} )^{t}

Rate has been halved because interest is compounded half yearly and for same reason time has been doubled.

➼Therefore

= 10000 (1+\frac{4}{100} )^{2}

= 10000 × \frac{26}{25} × \frac{26}{25}

= 10816

So, interest is 10816−10000 = Rs 816.

Answered by mrswastikthakur
1

Answer:

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