Calculate the amount on rs 37500, at 8%p.A compounded halfyearly for 1

1.	Calculate the amount on rs 37500, at 8%p.A compounded halfyearly for 1 1/2 year
Answer» ANSWER : The amount after 3 year at 4% rate is RS. 42,000. STEP by step explanation : Hey Mate, In COMPOUND Half Yearly, Interest will be half and Time get double. So, New R = 4 % T = 3 Years. P = 37,500 So, S.I = ( PRT/ 100 ) S.I = ( 37,500 × 4 × 3 ) / 100 S.I = Rs. 4500 So, The amount should be S.I + Principle A = 4500 + 37,500 A = ₹ 42,000

Calculate the amount on rs 37500, at 8%p.A compounded halfyearly for 1 1/2 year

Answer»

ANSWER :

The amount after 3 year at 4% rate is RS. 42,000.

STEP by step explanation :

Hey Mate,

In COMPOUND Half Yearly, Interest will be half and Time get double.

So,

New

R = 4 %

T = 3 Years.

P = 37,500

So,

S.I = ( PRT/ 100 )

S.I = ( 37,500 × 4 × 3 ) / 100

S.I = Rs. 4500

So, The amount should be S.I + Principle

A = 4500 + 37,500

A = ₹ 42,000

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