if Hardik deposited rupees 80000 in a bank at 7 half p.c.p.a for 4 half years what is the total amount he will get from his bank?​

2 thoughts on “if Hardik deposited rupees 80000 in a bank at 7 half p.c.p.a for 4 half years what is the total amount he will get from his bank?​”

1. Answer:

   here’s your answer

   Step-by-step explanation:

   The formula for compound interest, including principal sum, is:

   A=P(1+

   n

   r

   )

   nt

   Where:

   A= the future value of the investment/loan, including interest

   P= the principal investment amount (the initial deposit or loan amount)

   r= the annual interest rate (decimal)

   n= the number of times that interest is compounded per unit t

   t= the time the money is invested or borrowed for

   In our given problem,

   P= Rs. 20000, r=6%=0.06, n=2, t=1 year

   ∴, the amount received after the term of 1 year will be given by,

   A=20000(1+

   2

   0.06

   )

   2×1

   ⇒A=20000(1+0.03)

   2

   ⇒A=20000(1.03)

   2

   ⇒A=Rs.21218

   ∴, the amount Sheetal will get after 1 year is Rs.21,218

   PLEASE MAKE ME AS A BRILLIANT

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2. Answer:

   emali I ud63ydt3ueteyrte

   Reply