Rahul borrow Rs 40960 from a bank at 12¹⁄2% per annum compounded half yearly . What amount he have to p6 after 1 and 1/2 years?
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i dont no
an i dont understand.
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Answer:
P=40960
R=25/2%
T=3/2 years
compounded half yearly
A=P(1+R/100)
R= 25/2x1/2
T = 3/2x2
A= 40960(1+25/2x1/2x1x100)^3/2x2
40960(1+11/16)^3
40960 (17/16)^3
A=40960x17/16x17/16x17/16
10x17x17x17
A=49130
Step-by-step explanation:
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