Question

$compound \: \: \: \: interest$
find the amount which Ram will get on ₹4096, if he gave it for 18 months at 25/2 per annum interest being compounded
half yearly.



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Answer 1

Principle:4096Rs

Time half yearly : 18 months =9year

Rate of interest:25%

$amount = {p(1 + \frac{r}{100} )}^{t} \\ a = {4096(1 + \frac{1}{4} )}^{9} \\ = {5120}^{9}$

Answer 2

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