In what time will1250become 1352 at the rate of 8%per an if the interest is compounded half yearly
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Step-by-step explanation:
Answered by
1
We know that
A=P(1+r/100)^n
1352=1250(1+8/100)^n
1352=1250(108/100)^n
1352/1250=(108/100)^n
1.08=(1.08)^n
n=1
So it will take 1year
I THINK IT IS HELPFUL FOR YOU IF YOU LIKE
MARK AS BRAINLIEST
A=P(1+r/100)^n
1352=1250(1+8/100)^n
1352=1250(108/100)^n
1352/1250=(108/100)^n
1.08=(1.08)^n
n=1
So it will take 1year
I THINK IT IS HELPFUL FOR YOU IF YOU LIKE
MARK AS BRAINLIEST
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