Question Number 56404 by harish 12@g last updated on 16/Mar/19
Answered by $@ty@m last updated on 16/Mar/19
$$\because\:{the}\:{interest}\:{is}\:{compounded}\: \\ $$$${half}\:{yearly}. \\ $$$$\therefore\:{r}=\frac{\mathrm{14}}{\mathrm{2}}=\mathrm{7\%}\:\&\:\left({i}\right)\:{t}=\mathrm{6}×\mathrm{2}=\mathrm{12}\:{months}\:=\:\mathrm{1}\:{yr} \\ $$$${I}=\frac{{Prt}}{\mathrm{100}}\:=\frac{\mathrm{80000}×\mathrm{7}×\mathrm{1}}{\mathrm{100}}=\mathrm{5600} \\ $$$$\therefore\:{A}={P}+{I}=\mathrm{80000}+\mathrm{5600}=\mathrm{85600} \\ $$