Question

In how much time will rs 5000 amount to rs 5955.08 at 12 percent per annum , if interest is compounded semi annualy.​

Answer 1

Step-by-step explanation:

In 3 years a sum of Rs 5000 will become Rs 6655 at 10% p.a. compounded anually. Also, Rate of compound interest (r) = 10 % p.a.

Answer 2

Answer:

In 3 years a sum of Rs 5000 will become Rs 6655 at 10% p.a. compounded anually. Also, Rate of compound interest (r) = 10 % p.a.