hi,. please answer the question
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
Step-by-step explanation:Given principal P = Rs 2400, Rate of interest = 6¼% per half year = 25/4%
Recall that
(1) Here n = 2 as the interest is compounded half yearly.
Thus amount of debt at the ehope u nd of one year is Rs 2709.40 (nearly)
(2) Time period = 1 ½ years hence n = 3 as interested is compounded half yearly
Thus amount required to clear off the debt is Rs 2878.70 (nearly)
hope u like it!!!!!!