Math, asked by socutebleh75, 14 days ago

What amount is to be repaid on a loan of 10,000 for 1/2 years at 10% per annum compounded half yearly.​

Answers

Answered by gosaindevender
1

Answer:

11000

Step-by-step explanation:

Since we know that

A=P(1+R/100)2×n

A=10000(1+10/100)2/2

A= 10000(100+10/100)

A=10000(110/100)

A=10000×110/100

A=1100000×100

A=11000

Therefore amount to be paid is 11000

Answered by morerohit208
2

Step-by-step explanation:

As interest is compounded half yearly, so number of conversion periods in 1/2 year is 2

=N=2

rate for half year=1/2×10%=5%

A= P( 1+ R/100)n

A= 10000( 1+ 5/100)²

=10000(105/100)²

=10000(11025/10000)

=10000(21/20)

=10500

hopefully is helpful to you then follow and like me

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