find the rate % per annum if rs.2000 amount to rs.2662 in 3/2 years,interest being compounded half-yearly?
Answers
Answered by
38
half yearly means timw double ,3/2×2=3 yr
2662/2000=(1+r/100)^3
1331/1000=(1+r/100)^3
11/10=1 + r/100
1/10=r/100
r=10%
hope this helps you
2662/2000=(1+r/100)^3
1331/1000=(1+r/100)^3
11/10=1 + r/100
1/10=r/100
r=10%
hope this helps you
Answered by
20
Answer:
here's the answer
Step-by-step explanation:
the time is double 3/2×2=3 years
2662/2000=(1+R/)*3
1331/1000=(1+R/)*3
11/10=1+R/
1/10=R/
R=10%
Mark my answer as braniest answer
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