Saved Bookmarks
| 1. |
Principal10000,time2year,rate20% find CI.(half yearly calculated |
|
Answer» P=10000 R=20%(p.a) T=2yrs Since COMPOUNDED HALF yearly P=10000 R=10% t= 4yrs CI=A-P A=p(1+r/100)RAISED to POWER time =10000(1+10/100)raised to 4 =10000*11/10*11/10*11/10*11/10 =11*11*11*11 =14641 CI=14641-10000 =4641 |
|