Answer:
See below in bold.
Step-by-step explanation:
Total = A(1 + r/n)^nt where A = initial amount , t = number of years, r = the rate (as a decimal fraction) and n = number of payments a year. So:
Total after 1 year = 8000(1 + 0.09/2) ^ 1*2
= RS 8736.20.
Compound interest = RS 736.20
