Math, asked by Junaid109, 6 months ago

Mr. Babar invests Rs. 150000 in a scheme for 8 years @ 6.5% compounded semi- annually. Find how much he gain at the end of 8 years

Answers

Answered by sudershansharma919
0

Answer:

ANSWER

P= Rs. 15000; R=10% p.a =5% per half-year; T=1 year =2 half-years.

∴ Amount =[15000×(1+

100

5

)

2

]

= Rs. (15000×

20

21

×

20

21

)

=16,537.50

Similar questions