In what time will Rs 4400 become Rs 4576 at 8% per annum interest compounded half-yearly ?
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Answer:Amount=Rs.4576
Principal= Rs.4400
R=8%
A=P(1+r÷200)²n
4576=4400(104/100)²n
4567/4400=(104/100)²n
104/100=(104/100)²n
2n=1
n=1/2 years or 6 months
Step-by-step explanation:
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