lamamingshu lamamingshu

13-03-2022
Mathematics

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Rs 5000 at 8% per annum compound intrest in the bank.Find the difference between the amounts compounded yearly and half yearly in 2 years

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ssfoodservice1 ssfoodservice1

13-03-2022

Answer

Rs. 624.32 is the interset

Step-by-step explanation:

Therefore, the compound interest is Rs. 624.32 on Rs. 5000 if it is compounded half yearly for 1 year 6 months at 8 % per annum.

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