Question

3 points
A sum of money amounts to
Rs 15870 for 1 year and to Rs
18250.50 for 1.5 years at
compound interest,
compounded semi annually.
Find the Rate of interest.please help me it's urgent​

Answer 1

Step-by-step explanation:

Use the formula for the amount in case of CI. As it's semi annually R/2 and time is 2 in first case and 3 in 2nd case.