Math, asked by varshaammu23, 3 months ago

3.The time taken for Rs.4400 to
become Rs. 4851 at 10%
compounded half yearly is
O a.6 months
O b. 1 year
O c. 10 years
O d.2 years

Answers

Answered by manshumallick

1

Answer:

Time = 1 year.

Step-by-step explanation:

Concept used:-

When the rate is compounded half-yearly, we divide the rate by 2 and multiply the time by 2.

Applying the above concept,

A = P (1 + R/2/100)^2T

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