What will be the compound interest accrued on an amount of Rs.10000 @ 20 p.c.p.a in 2 years if the interest is compounded half - yearly?

  • 1Rs. 4400
  • 2Rs. 4600
  • 3Rs. 4641
  • 4Rs. 4680
Answer:- 1
Explanation:-

Solution:
P = Rs.10000,R=20%p.a.=10%perhalf - yearT=2years=4halfyearsAmount = Rs.[10000×(1+10100)4]=Rs.(10000×1110×1110×1110×1110)=Rs.14641C.I. = Rs.(1464110000)=Rs.4641

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "
Solution:
P = Rs.10000,R=20%p.a.=10%perhalf - yearT=2years=4halfyearsAmount = Rs.[10000×(1+10100)4]=Rs.(10000×1110×1110×1110×1110)=Rs.14641C.I. = Rs.(1464110000)=Rs.4641
", "dateCreated": "7/24/2019 10:09:12 AM" } }
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