Find the amount which Ram will get on 4096 rupees, if he gave it for 18 months at 25/2 % per annum, interest being compounded half yearly.
Pls don't answer unnecessarily.
Answers
Answered by
1
Answer:
93(_;((_(_9!4(49_)?__?4
Answered by
6
Answer:
Here, Principal =Rs.40964
Time =18 months =3 half years
Rate =1221 % per annum=(425)% per half year.
Amount=P(1+100R)T
∴Amount=Rs.[4096×(1+4×10025)3]
=Rs.(4096×1617×1617×1617)=Rs.4913
Similar questions