Calculate the amout and the compound interest on 8000 for 1 and half y

1.	Calculate the amout and the compound interest on 8000 for 1 and half years at 10% p.a,compounded half yearly
Answer» Step-by-step EXPLANATION: Compound interest on principal AMOUNT of 8000 ruppees for 1 1/2 years at 10% interest RATE => 8000((1+10/100)^3/2 -1) => 1229.52 ruppees. Amount need to paid at the end of 1 and 1/2 years => Principal + Compound Interest => 8000+1229.52 =>9229.52 ruppees. Hope it HELPS you.

Calculate the amout and the compound interest on 8000 for 1 and half years at 10% p.a,compounded half yearly

Answer»

Step-by-step EXPLANATION:

Compound interest on principal AMOUNT of 8000 ruppees for 1 1/2 years at 10% interest RATE => 8000((1+10/100)^3/2 -1) => 1229.52 ruppees. Amount need to paid at the end of 1 and 1/2 years => Principal + Compound Interest => 8000+1229.52 =>9229.52 ruppees. Hope it HELPS you.

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Calculate the amout and the compound interest on 8000 for 1 and half years at 10% p.a,compounded half yearly

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