Mathematics, 01.08.2019 11:00 AgarioEdit
Find compound interest on rs 5000 at rate of 10% p. a compounded semi-annually for 1 1/2 years
Answers: 1
where A is the amount after T years, P is the principal amount you start with, R is the interest rate, and N is the amount of compounding periods. Semi-annually means we only have 2 compounding periods.
which becomes 
. Plug this into your calculator. Another question on Mathematics
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Find compound interest on rs 5000 at rate of 10% p. a compounded semi-annually for 1 1/2 years...
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