Math, asked by s1anjaswithiakshati, 1 year ago

Rs.62,500 for 1.5 years at 8% per annum compounded half yearly

Answers

Answered by kulkarniharsh123

1

Rs. 70,304

by using formula for half yearly P[1+(r/200)]^2t

we get 62500[1+(8/200)]^3

=> 62500[52/50]^3

=> Rs. 70,304.00/-

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