Find the amount whuch ram will get on rupees 4096 ,if he gave it for 18 months at 12% per annum,interest being compounded half yearly
Answers
Step-by-step explanation:
Here, Principal =Rs.40964
Time =18 months =3 half years
Rate =12
2
1
% per annum=(
4
25
)% per half year.
Amount=P(1+
100
R
)
T
∴Amount=Rs.[4096×(1+
4×100
25
)
3
]
=Rs.(4096×
16
17
×
16
17
×
16
17
)=Rs.4913
Answer:
Step-by-step explanation:
Here, Principal =Rs.40964
Time =18 months =3 half years
Rate =12
2
1
% per annum=(
4
25
)% per half year.
Amount=P(1+
100
R
)
T
∴Amount=Rs.[4096×(1+
4×100
25
)
3
]
=Rs.(4096×
16
17
×
16
17
×
16
17
)=Rs.4913Here, Principal =Rs.40964
Time =18 months =3 half years
Rate =12
2
1
% per annum=(
4
25
)% per half year.
Amount=P(1+
100
R
)
T
∴Amount=Rs.[4096×(1+
4×100
25
)
3
]
=Rs.(4096×
16
17
×
16
17
×
16
17
)=Rs.4913