Math, asked by ireddysubhash, 1 year ago

the compund interest on Rs5000 for 1 year at 4 percent per annum, the interest being compounded half yearly is

Answers

Answered by kvnmurty
3
P = Rs 5,000
n = 1 year / 6 months = 2 times compounding is done.
r = 4 % per annum = 2 % per 6 months.

C. I. = P (1 + r ) ² - P
       =  5000 (1.02)² - 5000 = Rs 202.


kvnmurty: :-)
Answered by Anonymous
0

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