the interest paid by her.
6. Aslam purchased a house from Avas Vikas Parishad on credit. If the cost of the house is
125000 and the Parishad charges interest at 12% per annum compounded half-yearly, find the
interest paid by Aslam after a year and a half.
Answers
Answered by
1
Answer:
this is also easy try to solve and get answer
Answered by
6
Answer:
23877
Step-by-step explanation:
Principal=12500
Time=1and half year=3halfyears
Rate of interest=12%=6%(compounded half)
Amount=P(1+R/100)n
=12500(1+6/100)×3
=12500(1+3/50)×3
=12500×53/50×53/50×53/50
=148877
compound interest 148877-12500=23877
So this is your answer.
I think I can help you.
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