Question

What sum will became rs. 9826 in 3/2
years is the rate of interest is 5/2percent per annum and the interest is compounded half annually​

Answer 1

Answer:

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Step-by-step explanation:

r =2  

2

1

​  

 % =  

2

5

​  

 %

n =18 months =  

2

3

​  

 years

When the interest is compounded half

yearly,

A=P(1+  

2×100

r

​  

)  

n×2

 

=>9826=P  

⎝

⎜

⎜

⎛

​  

1+  

2×100

2

5

​  

 

​  

 

⎠

⎟

⎟

⎞

​  

 

2

3

​  

×2

 

=>9826=P(  

80

81

​  

)  

3

 

=>P=Rs 9466.54