PT=10000 rupees, R=6% p.a, T=18 month find half yearly compound intere

1.	PT=10000 rupees, R=6% p.a, T=18 month find half yearly compound interest
Answer» Given:- Principal,P = Rs. 10000 Rate,r = 6 % Time, N = 18 months To find out:- Find half yearly compound interest . Solution:- If the interest is PAYABLE half-yearly, then r we take r/2 and for n we taken 2n. ★ Rate,r = 6 % = 6/2 = 3 % ★ Time, n = 18 months = 1 ½ YEARS = 3/2 × 2 =3 years We know that, A = P ( 1 + r/100 )^n A = 10000 ( 1 + 3/100 )³ A = 10000 ( 100 + 3 / 100 )³ A = 10000 ( 103/100 )³ A = 10000 × 103/100 × 103/100 × 103/100 A = 1,092,727 / 100 A = 10,927.27 Now, Compound interest = AMOUNT - Principal = 10,927.27 - 10,000 = 927.27

PT=10000 rupees, R=6% p.a, T=18 month find half yearly compound interest

Answer»

Given:-

Principal,P = Rs. 10000

Rate,r = 6 %

Time, N = 18 months

To find out:-

Find half yearly compound interest .

Solution:-

If the interest is PAYABLE half-yearly, then r we take r/2 and for n we taken 2n.

★ Rate,r = 6 % = 6/2 = 3 %

★ Time, n = 18 months = 1 ½ YEARS = 3/2 × 2 =3 years

We know that,

A = P ( 1 + r/100 )^n

A = 10000 ( 1 + 3/100 )³

A = 10000 ( 100 + 3 / 100 )³

A = 10000 ( 103/100 )³

A = 10000 × 103/100 × 103/100 × 103/100

A = 1,092,727 / 100

A = 10,927.27

Now,

Compound interest = AMOUNT - Principal

= 10,927.27 - 10,000

= 927.27

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PT=10000 rupees, R=6% p.a, T=18 month find half yearly compound interest​