Question

What will be the compoud interest when p=10000, n=2 years, r=20% and it is compounded half yearly?
Pls tell I will mark you as BRAINLIEST and will give you THANKS and VOTE

Answer 1

CI=A−P

A=P(1+  

100

R

​  

)  

n

 

R=10 percent per halfly; T= 4 times in 2 years

A=10,000P(1+  

100

10

​  

)  

4

 

A=14641 INR

CI=14641−10,000

CI=4641 INR

I hope that this would help you and mark me as the brainliest.