Question

The time periods and rate for a sum taken at 8% pa for 1 and half years compounded half yearly ​

Answer 1

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8th

Maths

Comparing Quantities

Compound Interest

Find the time period and ra...

MATHS

Find the time period and rate.

A sum taken for 1

2

1

years at 8% per annum is compounded half yearly.

MEDIUM

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ANSWER

time period =2×

2

3

=3 years

Rate of interest =

2

8

=4%.

solution

Answer 2

Answer:

n=3, r=4%

this is the result i founded