Ask Question
6 September, 05:54

find the compound interest paid when the sum of one year Rs6000 invested for one year 10%per annum in compound half yearly.

+2
Answers (1)
  1. 6 September, 07:34
    0
    The answer is that $615 interest has been earned.

    Finance Solver

    n = 2

    I% = 10

    PV = - 6000

    pmt = 0

    ppy/Cpy = 2

    FV would equal 6615 so 6615-6000 = 615 intrest
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “find the compound interest paid when the sum of one year Rs6000 invested for one year 10%per annum in compound half yearly. ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers