. The compound interest on Rs 8,000 for one year
at 16% p.a. compounded half yearly is .......
PLZ ANSWER ME
Answers
Answered by
1
Step-by-step explanation:
Given, principal =Rs.8000
Time period = one year
Rate =16% p.a. compounded half yearly
We know that
A=P(1+
n
R
)
m
By putting the given values in above equation,
=8000(1+
2
0.16
)
2×1
=8000(1.08)
2
=9331.2
MARK ME AS BRAINLLEST
Answered by
0
Answer:
640Rs
Step-by-step explanation:
SI=PRT/100
SI=8000×16×1/2×100=>640Rs.
Am=P+SI=8000+640=>8640Rs.
Now its easy
CI=Am-P
CI=8640-8000=>640Rs. ans
Similar questions