What sum invested for 1.5 years compounded half yearly at the rate of 4% p.a will amount to ₹132651?
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Answered by
8
Step-by-step explanation:
A= Rs.132651
T = 1 .5
= 15/10 = 3/2
R % = 4%
A = P(1 + R/100)^t
132651 = P (1+4/100)^3
132651 = P (104/100)×(104/100)×(104/100)
132651=P×1.124864
132651/1.124864= P
=117,926.25597405=P
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