find the amount which Ram will get on Rs. 4096 , if he gave it for 18 months at 12 1/2% ( 12.5) per annum, interest being compounded half yearly.... I need ur help guys....
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Given, P = 4096
R = 12 1/2 = 25/4(compounded half yearly)
n = 18 months = 3 years
We know that A = P(1+r/100)^n
= 4096(1+25/400)^3
= 4096(17/16)^3
= 4096 * 17/16 * 17/16 * 17/16
= 4913.
Hope this helps!
R = 12 1/2 = 25/4(compounded half yearly)
n = 18 months = 3 years
We know that A = P(1+r/100)^n
= 4096(1+25/400)^3
= 4096(17/16)^3
= 4096 * 17/16 * 17/16 * 17/16
= 4913.
Hope this helps!
Anonymous:
it's 25/2 right???
Hmmm???
is it???
No
Given, 12 1/2 per annum = 12 1/4 half yearly
sorry little more clearly can u tell
In the question, it is given that 25/2 per annum. In the end, it is written that interest is compounded half yearly i.e 25/4.
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