Question

In what time will Rs 64000 amount to Rs

68921 at 5% per annum,interest being

compounded half yearly.​

Answer 1

Answer:

Amount=P(1+R2×100)2×t

68921=64000(1+52×100)2×t

6892164000=(1+140)2×t

(4140)3=(4140)2×t

2t=3

t=32

t=112 years