p=100000 time=3 years r=7% p.a interest being compouted half yearly
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Given :
P=> 100000 Time= 3years and per annum= 7%
Per annum= 3.5 % per half early.
Now, A= P(1+r/100)^n
A = 100000(1+3.5/100)³
100000( 3.5/100)³
100000×3.5/100×3.5/100×3.5/100
3.5×3.5×35
=> __428.75__answer ✓
. ✌✌
Given :
P=> 100000 Time= 3years and per annum= 7%
Per annum= 3.5 % per half early.
Now, A= P(1+r/100)^n
A = 100000(1+3.5/100)³
100000( 3.5/100)³
100000×3.5/100×3.5/100×3.5/100
3.5×3.5×35
=> __428.75__answer ✓
. ✌✌
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