Find the amount and the compound interest on? 64000 for 12 compounded half-yearly. years at 15% per annum,

Question

asked Jun 23, 2024 104k views

1 Answer

Johan Soderberg · Answer 1 · 2024-06-28T13:03:40+0000

Answer: Amount is $79507 and Compound Interest is $15507

Explanation:

Principal (p) => 64000

Time (t) => 1 1/2=3/2 =3/2*2=3

Rate (r) => 15% = 15/2