In how much time will a sum of 800 amount to 926.10 at 10 % per annum compound interest while the interest compounded half yearly ?
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Answer:
Explanation:
Let the time be 'n' years, Then
800×(1+5100)2n=926.10 <=> (1+5100)2n=92618000<=>(2120)2n=(2110)3
n = 3/2 or n= 112 Years
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