sam invested $ 15000 @ 10 % per annum for one year . if the interest is compounded half yearly , then the amount received by sam at the end of the year will be ?
p = $ 15000 r = 10 % p . a . = 5 % t = 2 half years amount = 15000 * ( 1 + 5 / 100 ) ^ 2 = 15000 * 21 / 20 * 21 / 20 = $ 16537.50 answer is a
multiply(multiply(add(divide(add(const_4, const_1), const_100), const_1), 15000), add(divide(add(const_4, const_1), const_100), const_1))