Question

amount wil
on
Find the amount that Shankar will get
81,920, if he invested it for 18 months at
1
12 = % per annum. Interest is being
2
compounded half yearly.for 8standard​

Answer 1

Step-by-step explanation:

Given:

P= Rs 8192

R=12.5% p.a

n=1.5 years

When the interest is compounded half-yearly, we have:

A=P(1+

200

R

)

2n

A=8192(1+

200

12.5

)

3

A=8192(1.0625)

3

∴A= Rs 9826

Thus, the required amount is Rs9826