Question

A sum borrowed at the rate of 8% p.a. compounded half yearly. If after 2 years it amounts to ₹ 7500, find the sum borrowed. iska answer 6411 (approx)​

Answer 1

Answer: 6411 (approx)

Step-by-step explanation:

Amount = $Sum(1+(R/2)/100)^{4}$

7500 = $Sum(1+(8/2)/100)^{4} = Sum(1+(4)/100)^{4} = Sum(1+(1)/25)^{4}$

Sum = $7500(25/26)^{4}$

So, Sum = 6411(approx)

(I hope it will be marked as Brainliest)

Answer 2

Answer:

6411

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