Question

what amount is to be repaid by Krishna on a loan of rs .18000 for 1 1/2 years at 4% per annum compounded half yearly?hhhhnjjj​

Answer 1

Answer:

ANSWER

ANSWERInterest compounded half-yearly,

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r )

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]⟹CI=3,500[(1+

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]⟹CI=3,500[(1+ 100

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]⟹CI=3,500[(1+ 1003

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]⟹CI=3,500[(1+ 1003

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]⟹CI=3,500[(1+ 1003 )

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]⟹CI=3,500[(1+ 1003 ) 6

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]⟹CI=3,500[(1+ 1003 ) 6 −1]

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]⟹CI=3,500[(1+ 1003 ) 6 −1]⟹CI=3,500[(1.03)

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]⟹CI=3,500[(1+ 1003 ) 6 −1]⟹CI=3,500[(1.03) 6

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]⟹CI=3,500[(1+ 1003 ) 6 −1]⟹CI=3,500[(1.03) 6 −1]=679.182≈Rs.680

ANSWERInterest compounded half-yearly,r=(6%)/2=3%,n=2×3=6CI=P[(1+ 100r ) n −1]⟹CI=3,500[(1+ 1003 ) 6 −1]⟹CI=3,500[(1.03) 6 −1]=679.182≈Rs.680⟹CI=Rs.680