A sum taken for 1 1/2 years at 8 %per annum is compounded half yearly
Dear student,
The amount for half-yearly CI
= P*(1+R/200)^2*n
= P*(1+8/200)^2*1.5
= P*(208/200)^3
= P*1.04^3
= P * 1.124
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Regards,
The amount for half-yearly CI
= P*(1+R/200)^2*n
= P*(1+8/200)^2*1.5
= P*(208/200)^3
= P*1.04^3
= P * 1.124
Your question is not clear and appears to be incomplete. Recheck your question and please be a little specific so that we can provide you with some meaningful help. Looking forward to hearing from you again!
Regards,