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In how many rears compound interest on Rs 5000 will amount to Rs 624.32 at 8% per annum compounded half-yearly.

Answer»

Compound interest would be Rs. 624.32.Step-by-step explanation:Since we have given thatPrincipal = Rs. 5000RATE of interest = 8% p.a.Number of years = 1 year 6 months = 1\dfrac{6}{12}=1\dfrac{1}{2}=\dfrac{3}{2}1 126 =1 21 = 23 So, Amount would be\begin{gathered}A=5000(1+\dfrac{8}{200})^{2\times \dfrac{3}{2}}\\\\A=5000(1+0.04)^3\\\\A=5000(1.04)^3\\\\A=5624.32\end{gathered} A=5000(1+ 2008 ) 2× 23 A=5000(1+0.04) 3 A=5000(1.04) 3 A=5624.32 So, Compound interest = Amount - PrincipalC.I. = 5624.32 - 5000C.I. = 624.32Hence, Compound interest would be Rs. 624.32.# learn more:What will be the compound interest on ₹ 5,000 if it is compounded half yearly at 8 % per Compound interest would be Rs. 624.32.Step-by-step explanation:Since we have given thatPrincipal = Rs. 5000Rate of interest = 8% p.a.Number of years = 1 year 6 months = 1\dfrac{6}{12}=1\dfrac{1}{2}=\dfrac{3}{2}1 126 =1 21 = 23 So, Amount would be\begin{gathered}A=5000(1+\dfrac{8}{200})^{2\times \dfrac{3}{2}}\\\\A=5000(1+0.04)^3\\\\A=5000(1.04)^3\\\\A=5624.32\end{gathered} A=5000(1+ 2008 ) 2× 23 A=5000(1+0.04) 3 A=5000(1.04) 3 A=5624.32 So, Compound interest = Amount - PrincipalC.I. = 5624.32 - 5000C.I. = 624.32Hence, Compound interest would be Rs. 624.32.# learn more:What will be the compound interest on ₹ 5,000 if it is compounded half yearly at 8 % per annumHOPE IT HELPS ☺️MAKE ME AS THE BRAINLIEST



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