Question

Please do it step by step. ​

Answer 1

Answer:

we have P = Rs 4096

T = 18 months

R =

$12 \times \frac{1}{2} \% \: p.a$

since interest is compounded half yearly

T = 18 months = n= 18/6 = 3 six months

R = 12×1/2 % p.a =

R = [ 12×1/2 + 2 ] % per half year.

[ 25/2× 1/2 ] % = 25/4 % half yearly

Now, A = P [ 1 + r /100]^n

= Rs 4096 × [ 1 + 25/400]^3

= Rs 4096 × [ 17/16]^3

= Rs 4096 × 17/16× 17× 16 × 17/16

= Rs ( 17× 17 × 17 ) = Rs 4913

thus, the required amount = Rs 4913

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