Question

what sum will amount to 4913 in 1 and a half years if the rate of interest is 12.5 % compounded half - yearly
​

Answer 1

Answer:

5,890

Step-by-step explanation:

P = 4913

r = 12.5/100 = 0.125

n = 2 ( as interest is compounded twice a year)

t = 1.5

Amount = P ( 1 + r/n ) ^ (nt )

= 4913 ( 1 + 0.125/2 ) ^ (2*1.5)

= 4913 ( 1 + 0.0625 ) ^ (3)

= 4913 ( 1.0625 ) ^ (3)

= 4913 ( 1.199 )

= 5890

hope it helps

mark me brainiest please