Question

Please solve question 4. Its answer is 20% p.a.

Answer 1

Answer:

T = 3*2/2 = 3 years .

20000 ------------26620

1000 --------- 1331

since T = 3 , do it cube root

10 ---------- 11

R = 1*100/10 = 10%

Actual rate = 10*2 = 20% (bcz rate was compounded jalf yearly)

$\color{red}{Mark\: as\: Brainlist}$