Question

11.What sum invested at 4% per annum compounded semi-annually amounts
₹7803 at the end of one year?​

Answer 1

Answer:

Let the sum be P.

As, the interest is compounded half-yearly,

∴ R = 2%, T = 2 half years

$latex \therefore A = P \left ( 1+\frac{R}{100} \right )^{T}&s=1$

$latex => 7803 = P \left ( 1+\frac{2}{100} \right )^{2}&s=1$

$latex => 7803 = P \left ( 1+\frac{1}{50} \right )^{2}&s=1$

$latex => 7803 = P\times \frac{51}{50}\times \frac{51}{50}&s=1$

$latex => P = \frac{7803\times 50\times 50}{51\times 51} = 7500Rs&s=1$

Explanation:

please mark it as brainlist