Laboni bought a 1 year, Tk. 10,000 certificate of deposit that paid interest at an annual rate of 8 percent compounded semiannually. What was the total amount of interest paid on his certificate at maturity?
Created: 6 years ago |
Updated: 3 years ago
best des
চক্রবৃদ্ধি মুনাফার ক্ষেত্রে সবৃদ্ধিমূল
c = p ( 1 + r/m)mn
= 10000[ 1 + 8/(2×100)] 2.1
= 10000 × (1.04)2
= 10816
চক্রবৃদ্ধি মুনাফা ( 10816 - 10000) টাকা = 816 টাকা
Md Azizur Rahman
Founder of Satt
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