find the amount which Ram will get on ₹4096, if he gave it for 18months at 12 1\2%per annum , interest being compounded half yearly.
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Answer:
idk
Step-by-step explanation:
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Solution :
- Principal, (P) = Rs.4096
- Rate, (R) = 12 1/2% [ rate = 25/2%]
- Time, (n) = 18 months. [time = 18/12 = 3/2 years]
The amount of the compound Interest.
Using formula of the compounded half - yearly :
A/q
Thus;
The amount of the compound half - yearly will be Rs.4913 .
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