Question

What sum invested for 1 1/2 years
compounds half yearly at 4/. p.a
will amount to 2, 65,302 ?​

Answer 1

Answer:

Let the principal be ₹P

Time=1 and half year=18 months= 3 half year

Rate of interest =4%

Rate is compounded half yearly so 4%÷2=2

Now, amount= p(1+r/100)^t

₹132651=P(1+2/100)^3

132651=P(51/50)^3

P= 132651×50×50×50/51×51×51

P=₹125000

Therefore sum =₹125000

I hope it will help u.

Step-by-step explanation:

Answer 2

Answer:

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