Question

vishva decided to save money for trip he was checking sum investment options for saving but his friend kaliya suggested to check if he is interested in compound interest vishva found a bank that offer 6% compound interest calculated in half yearly basis to know in detail vishva plan to deposit 20000 each on 1st January and 1st of July of the same year but vishva is not that great at math can you help him know what amount he would have gained through interest by the end of the year​

Answer 1

6/20000×100 and then cut 100 s 0s and 20000 2 0 and then multiply 6×1 =6 and 5×40=200