Find the Compound Interest on a sum of Rs.1000 at the rate of 10% per annum for 1.5 years wheninterest is compounded half-yearly
Question
Solution 1
Sure, here is the step by step solution:
Step 1: Identify the given values Principal (P) = Rs. 1000 Rate of interest (r) = 10% per annum Time (t) = 1.5 years Since the interest is compounded half-yearly, we need to adjust the rate and time accordingly.
Step 2: Adjust the rate and time for half-yea Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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