the compound interest on rupees to 20000 photo years at 20% per annum when compounded half yearly is
1) rupees 7000
2) rupees 6816
3) rupees 9282
Share
the compound interest on rupees to 20000 photo years at 20% per annum when compounded half yearly is
1) rupees 7000
2) rupees 6816
3) rupees 9282
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:
Clear Questions - The C.I on Rs 20000 for 2 years at 20% p.a when compounded half yearly is -?
Step-by-step explanation:
T - 4 yr , R - 10%
CI-
by Multiplying factor method,
20000× 1/10 = 2000 ×4 = 8000
2000× 1/10 = 200 ×6 = 1200
200× 1/10=20 ×4 = 80
20× 1/10 = 2 × 1 = 2
C.I - Rs.9282