Math, asked by ur7284830, 4 months ago

at what rate of interest compounded semi annually will Rs 6000 to 9630Rs in 8 years

Answers

Answered by Anonymous

0

ANSWER

Interest is compounded semi-annually.

r =(r%)/2, n= 2×(3/2) = 3

A= P(1+100r)n

7986 =6000(1+100r)3 ⟹ r=10%

Rate of interest =10%per annum.

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