3. What sum will become Rs. 19683 in 18 months if the rate of interest is 5/4% per annum and the
interest compound half-yearly?
(a) Rs. 17962.12 (b) Rs. 18962.96
(c) Rs. 17981
(d) Rs. 16712.80
Answers
Answered by
4
Step-by-step explanation:
Future value(A)=9826 time(t) = 18 months (1.5 years)
rate of interest(r)= 5% p.a compounded annually.
present vale(P)=?
A=P(1+r)^t
9826=P(1+5%)^1.5
P=9132.56. Ans
Answered by
7
Answer:
your answer is wrong
Step-by-step explanation:
youryour answer is wrong I don't like this and the answer is too so not good and the I want the whole solution and the correct answer is bi that is rupees 1896 2.96
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