Math, asked by STRYOFOAM, 1 year ago

. What amount is to be repaid on a loan of ` 12000 for 3\2 years at 10% per annum compounded half yearly.

Answers

Answered by Pranav777
67
Hope it helps ✌️✌️

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Answered by nadukuditiramesh
28

Answer:

Step-by-step explanation:

Rate for half year =1/2*10%=5%

A=P[1+R/100]

A=12000[1+5/100]3

12000[105/100]3

=$13891.50

Compound interest :

A-P

=13891.50-12000

=$1891.50

Hope you are under stand

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