a sum of rupees 20,000 is invested at a rate of 9% compounded annually. find the amount after one and a half years. please give answer fast it's very urgent!!!!!
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Answer:
P= Rs 20000
R= 9%p.a
T = 1+6/12 = 1*1/2 years
Amount =
= Rs 20000( 1+ 9/100)^1 ( 1+ 1/2*9/100)
= Rs 20000 x 109/100 x 209/200
= Rs 22781
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