Find the compound interest 0n rs. 25000 for 6 months at 8% when the interest is compounded quarterly

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Solution

Dear Student,

$p = Rs . 25000 R = \frac{8}{4} = 2 % n = \frac{6}{12} \times 4 = 2 A = P {(1 + \frac{R}{100})}^{n} = 25000 {(1 + \frac{2}{100})}^{2} = 25000 \times \frac{51}{50} \times \frac{51}{50} = 10 \times 2601 = Rs . 26010 Inetrest = 26010 - 25000 = Rs . 1010 ANS . . .$

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Find the compound interest 0n rs. 25000 for 6 months at 8% when the interest is compounded quarterly

Dear Student, p=Rs.25000R=84=2%n=612×4=2A= P 1+R100n=25000 1+21002=25000 × 5150 × 5150=10 × 2601=Rs. 26010Inetrest=26010 - 25000=Rs. 1010 ANS... Regards

Dear Student,

$p = Rs . 25000 R = \frac{8}{4} = 2 % n = \frac{6}{12} \times 4 = 2 A = P {(1 + \frac{R}{100})}^{n} = 25000 {(1 + \frac{2}{100})}^{2} = 25000 \times \frac{51}{50} \times \frac{51}{50} = 10 \times 2601 = Rs . 26010 Inetrest = 26010 - 25000 = Rs . 1010 ANS . . .$

Regards