Question

0
what will be the principul
which amounts loomore then the
first year at the rate of
8 pecopea with compound Mainterest?​

Answer 1

Answer:

time period =2×

2

3

=3 years

Rate of interest =

2

8

=4%.

Step-by-step explanation:

Find the time period and rate.

A sum taken for 1

2

1

years at 8% per annum is compounded half yearly.