Question

in what time will rupees 4400 become rupees 4576 at 8% per annum interest compounded half yearly?​

Answer 1

Answer:

Rate = 8% per annum = 8/2 = 4% (half yearly) A = Rs 4576 Principal (P) = Rs 4400 Let n be ‘2T’ By using the formula, A = P (1 + R/100)n 4576 = 4400 (1 + 4/100)2T 4576 = 4400 (104/100 (104/100)2T = 4576/4400 (104/100)2T = 26/25 (26/25)2T = (26/25)1 So on comparing both the sides, n = 2T = 1 ∴ Time required is ½ year.Read more on Sarthaks.com - https://www.sarthaks.com/670531/in-what-time-will-rs-4400-become-rs-4576-at-8-per-annum-interest-compounded-half-yearly?show=670535#a670535

Step-by-step explanation: