what sum invested for 2 years compounded half yearly at the rate of 10% per annum will amount to 194481
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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
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find the sum which amounts to rupees 194481 in 2 years at 10% per annum compounded half yearly
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