Question

Barkha deposited a sum of Rs. 1000 in a bank. She gets an interest of 8%, compounded semi-annually. Which of these gives the amount that she will get after 2 years? 1 1000×(1 + 8100 )2 2 1000×(1 + 4100 )4 3 1000×(1 + 4100 )2 4 1000×(1 + 8100 )4

Answer 1

Answer:

2nd option 1000(1+ 4/100)^4