Find the amount and the compound interest on 10,000 for
3/2​

Find the amount and the compound interest on 10,000 for
3/2​

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Josephine

1 thought on “Find the amount and the compound interest on 10,000 for <br /> 3/2​”

  1. Step-by-step explanation:

    Rate of Interest (R) = 10% = 5% (compounded half yearly)

    Time, n =3/2 years.

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

    =10000(1+5/100)^3.

    =Rs. 11,576.25.

    Time(T)=3/2 yrs.

    Amount (A) for 1 year= 10000(1+1/100)^1.

    =11000*1*10/(2×100)

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