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
Answers
Answer:
Effective rate for half year=102=5" role="presentation" style="box-sizing: border-box; display: inline; font-style: normal; font-weight: 400; line-height: normal; font-size: 15px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: 0px; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; color: rgb(55, 71, 79); font-family: Roboto, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; background-color: rgb(238, 242, 246); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; position: relative;">102=5102=5
Time = 2n years
926.10=800(1+5100)2n" role="presentation" style="box-sizing: border-box; display: inline; font-style: normal; font-weight: 400; line-height: normal; font-size: 15px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: 0px; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; color: rgb(55, 71, 79); font-family: Roboto, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; background-color: rgb(238, 242, 246); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; position: relative;">800(1+5100)2n800(1+5100)2n
926.10800=(2120)2n" role="presentation" style="box-sizing: border-box; display: inline; font-style: normal; font-weight: 400; line-height: normal; font-size: 15px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: 0px; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; color: rgb(55, 71, 79); font-family: Roboto, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; background-color: rgb(238, 242, 246); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; position: relative;">926.10800=(2120)2n926.10800=(2120)2n
(2120)3=(2120)2n" role="presentation" style="box-sizing: border-box; display: inline; font-style: normal; font-weight: 400; line-height: normal; font-size: 15px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: 0px; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; color: rgb(55, 71, 79); font-family: Roboto, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; background-color: rgb(238, 242, 246); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; position: relative;">(2120)3=(2120)2n(2120)3=(2120)2n
2n=3
n=32" role="presentation" style="box-sizing: border-box; display: inline; font-style: normal; font-weight: 400; line-height: normal; font-size: 15px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: 0px; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; color: rgb(55, 71, 79); font-family: Roboto, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; background-color: rgb(238, 242, 246); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; position: relative;">3232
Required time=32=112" role="presentation" style="box-sizing: border-box; display: inline; font-style: normal; font-weight: 400; line-height: normal; font-size: 15px; text-indent: 0px; text-align: left; text-transform: none; letter-spacing: normal; word-spacing: 0px; overflow-wrap: normal; white-space: nowrap; float: none; direction: ltr; max-width: none; max-height: none; min-width: 0px; min-height: 0px; border: 0px; padding: 0px; margin: 0px; color: rgb(55, 71, 79); font-family: Roboto, sans-serif; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; background-color: rgb(238, 242, 246); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; position: relative;">32=11232=112 years