Question

find the amount which ram will get on Rs.4096,if he invest it for 18 months at 25/4% per annum, interest being compounded semi annually.

Answer 1

answer 4913
p=4096
t=3
r=6.25%
4096(1+6.25/100)^3
=4096(1+1/16)^3
=4096(17/16)^3
=4096×17/16×17/16×17/16
=17×17×17=4913