Find the amount and the compound interest oncompounded half-yearly.312 – InterviewSolution

1.

Find the amount and the compound interest oncompounded half-yearly.31250 for 12 years at 8% per annum.

Answer»

3/2 years = 18 monthsTime = 3 as we are taking half yearly31250(1+8/100)power331250×27/25×27/25×27/2539366=39366-31250=8116

wrong answer hai 39152

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