if the amount to be repaid on a loan of ₹ 1200 for 1 3/2 years at 10% per annum compounded half yearly is given by ₹ 1200(1+b/100)^2, then find the value of a and b.
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if the amount to be repaid on a loan of ₹ 1200 for 1 3/2 years at 10% per annum compounded half yearly is given by ₹ 1200(1+b/100)^2, then find the value of a and b.
Step-by-step explanation:
the value of a and b is 13891.5
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