Question

What is the compound interest on 20,000 lentout
(1) for 2 years at 8% per annum interest compounded
half yearly (ii) for 3 years at 10% per annum, interest
paid every six months ?

guys give me this answer as fast as you can
" fast guys "​

Answer 1

Answer:

Here, the Principal P = 20,000, number of years n = 2, rate of interest r = 20%. Therefore, Amount A=20000(1+20100)2=20000(3625) = Rs. 28,800. Compound Interest C.I.

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