Question: Compute the compound interest on Rs . 4 , 0 0 0 for 1 ( 1 ) / ( 2 ) years at 1 0

Compute the compound interest on Rs.4,000 for 1(1)/(2) years at 10% per annum compounded half- yearly
a 630.50
b 360.50
c 268.25
d 715.25

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!