Question

What amount has to be paid to on a loan of Rs 12000 for 1 1/2 years at 10 -/- per annum compounded half yearly.

Answer 1

Answer:

Here is your answer mate

Answer 2

Answer: Rs 13,891.50

Step-by-step explanation:Loan amount = Rs 12,000

Period = 3 ( years is 3 half yearly)

Interest rate = 10%  [percent]

Amount to be repaid = 12000( 1 + 0.)³

Amount to be repaid = Rs 13,891.50    [answer]