Please answer this question this is urgent
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Answer:
THE ANSWER OF THIS PROBLEM IS ₹20247.552.
Step-by-step explanation:
PRINCIPAL = ₹18000
TIME=1½ YEARS COMPOUNDED HALFYEARLY = 3 YEARS
RATE =8 PERCENT PER ANNUM COMPOUNDED HALFYEARLY =8/2=4 YEARS
A=P(1+R/100)^T
A=₹18000(1+4/100)³
A=₹18000×(26/25)³
A=₹18000 ×17576/15625
A=₹20247.552
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