Question

What sum will become ₹4913 in 3/2 years, if the rate of interest is 25/2 per annum compounded half-yearly.​

Answer 1

Answer:

I send you answer with pic above. please see it. of you have any problem in math you can give me question and I give you answer

Answer 2

Answer:

4096 Rs.

Step-by-step explanation:

The interest rate is 25/2% per year or 25/4% per 6 months.

Let us assume that x Rs. is used at 25/4% per 6 months interest compounded after every 6 months for 3/2 years i.e. 18 months to become 4913 Rs.

So, we can write, 4913=x[1+25/(4*100)]³ { Since, 3 six months period will be there in 18 months}

⇒ 4913 =x[1.0625]³

⇒4913 = x[1.199]

⇒x=4096 Rs.

Hence the sum of money was 4096 Rs. (Answer)