Question

interest?
9. What sum invested for 1
years compounded half-yearly at the rate 8% p.a. will
amount to 140608?​

Answer 1

$\huge\purple {\mathfrak{Bonjour Mate!}}$

125000 Rs

Step-by-step explanation:

Let say Sum invested = P Rs

Time = 1.5 Years = 3 Half Years

Rate of interest = 8 % per annum = 4 % Half yearly

Compounded half Yearly

Amount after 3 Half years =

A = P ( 1 + R/100)ⁿ

=> 140608 = P ( 1 + 4/100)³

=> 52³ = P (1.04)³

=> P = (52/1.04)³

=> P = 50³

=> P = 125000 Rs