Question

what sum invested for 2 years compounded half yearly at the rate of 10% per annum will amount to 194481​

Answer 1

Answer:

Time,t=4half years

Rate,r=10%

Amount,A=194481

Principal,p=?

As we know that A=p(1+r/100)^n

194481=p(1+10/100)^4

194481=p×11/10×11/10×11/10×11/10

p=132833.139

Answer 2

find the sum which amounts to rupees 194481 in 2 years at 10% per annum compounded half yearly