the compound interest on rs 8000 for 1 year at 10% p.a. compounded half yearly is
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p =8000
t =1yr compounded half year will be 2 half years
r. =10%compounded half yearly will be 5%
so ci. =p*(1+r/100)^n
8000*(1+5/100)^2
8000*(105/100)^2
=Rs 8,820. ans..
t =1yr compounded half year will be 2 half years
r. =10%compounded half yearly will be 5%
so ci. =p*(1+r/100)^n
8000*(1+5/100)^2
8000*(105/100)^2
=Rs 8,820. ans..
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