Question

Vahida deposited ₹6800 in a finance company which pays 15% interest per annum.find the amount she is expected to get after 4 years 6 months.

Answer 1

Answer:

Rs 11390

Step-by-step explanation:

t = 4yr 6m = 4 1/2 yr = 9/2 yflr

A = p ( 1 + rt/100)

A = 6800(1 + 15 × 9/2 /100)

= 6800 × 335/200 = Rs 11390