Question

70.In how many years will a sum of Rs 800 at 10% per annum compounded semi annually become Rs

926.10?​

Answer 1

Answer:

1½years

Rate = 10% per annum = 5% half yearly

v. R

because A = P(1+ ---------)T

100

5

=> 926.10 = 800 (1 + -------)T

100

9261 21

=> ----------- = (---------)T

8000 20

21 21

=>( --------)³ = (--------)T

20 20

Time = 3 three half years = 1½ years

Step-by-step explanation:

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