At what % rate of compound interest corresponding (c.I.) will a dum of money became 16 times in 4 yeard, if interest is being calculated compounding annually?
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A sum of rupees 1300 is divided between a b c and d such that a stair divided by 20 share equal to 20 square divided by sisa equal to c share divide by disha equal to 2 by 3 then 4 equal to
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Explanation:
When interest is compounded annually i.e. yearly, the value at the end of the year will be (50000x12)/100+50000= 6000+50000= 56000. When compounded half yearly, the interest is calculated once in six months and added back to principle. In this case, interest after six months equals (50000x12)/(2x100)= 3000.
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