In what time will Rs.3,90,625 amount to
Rs.4,56,976 at 8% per annum, when the interest
is compounded semi-annually?
[Given : (1.04)4
= 1.16986]
a) 2 years b) 4 years
c) 5 years d) 7 years
Answers
Answered by
13
QuestioN :
In what time will Rs.3,90,625 amount to Rs.4,56,976 at 8% per annum, when the interest is compounded semi-annually?
GiveN :
- Time = Rs.3,90,625
- Amount = Rs.4,56,976
- Percentage = 8 %
To FiNd :
- the interest is compounded semi-annually?
ANswer :
The interest is compounded semi-annually is 4 years.
SolutioN :
∴Hence, the interest is compounded semi-annually is 4 years.
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Answered by
0
Answer:
Option B. 4 years
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