9. What sum invested for
amount to 14000S?
Vears compounded half-yearly at the rate 8% pa, wil
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8% yearly so 4 % half yearly
For one year we get two times interest
That is 4 + 4 + 4*4/100 = 8.16
So total interest
14000 * 8.16 / 100 = 1142.4 rs
Amount 14000+ 1142.4 = 15142.4
For one year we get two times interest
That is 4 + 4 + 4*4/100 = 8.16
So total interest
14000 * 8.16 / 100 = 1142.4 rs
Amount 14000+ 1142.4 = 15142.4
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