Question

the interst paid on 4000 for 1year at 5% compounded semianually​

Answer 1

Answer:

According to the equation,

I = PnR

here,

• I = interest
• P = principal amount
• n = number of years
• R = rate of interest

here,

• P = 4000
• n= 1
• R = 5/100 = 0.05

Therefore,

I = 4000×1×0.05 = 200/-

Therefore the interest paid will be 200 per year ☑️☑️