Math, asked by westosaxena, 3 months ago

How much would a sum of rs. 1600 amount to be in 2 years at 10% per annum, if the interest is compounded half yearly?

Answers

Answered by adityaraj808182

1

Answer:

n=4

Step-by-step explanation:

Given:-

Sum, P = Rs. 16,000

Rate of interest = 10 percent per annum

Time = 2 years

Since the interest is compound

annually.

Therefore,

R = 10/2 = 5 percent

n=4

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