In what time will Rs. 50000 amount to 56243 at 8%p.a compounded half- yearly?
Answers
Answered by
0
50,000 in 3 years, compounded yearly, if the rates for the successive years are 6%, 8% and 10% respectively will amount to Rs. 62,964. So, the correct answer is Rs. 62,964”.
Answered by
1
Correct option is
C
Rs. 66,550
Given, R= Rs. 50,000,R=20%p.a.=10% half-yearly and T=1
2
1
years =3
We know A=P(1+
100
R
)
T
⇒ A=50000×(1+
100
10
)
3
⇒ A=50000×(
10
11
)
3
⇒ A=50000×
1000
1331
Thus A= Rs. 66,550.Answer:
Step-by-step explanation:
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