what sum will become Rs 132651 at 4% p.a. compounded half yearly after 1 and 1/2 year
Answers
Answered by
0
Answer:
Rs. 140770.30 (approx.)
Step-by-step explanation:
P=Rs. 132651
R=2% (if compounded half-yearly)
T=3 half-years
A=P(1+R/100)^T
=132651(1+0.02)^3
=140770.30
Answered by
4
Answer:
Answer
It is given that
Amount (A) = 132651
Rate of interest (r) = 4% p.a. or 2% half yearly
Period (n) = 1
2
1
years or 3 half years
We know that
A = P(1+r/100)
n
It can be written as
P=A÷(1+r+r/100)
n
Substituting the values
= 132651÷(1+2/100)
3
By further calculation
=132651÷(51/50)
3
So we get
=132651×(50/51)
3
=132651×50/51×50/51×50/51
= 125000
Hence, the principal amount is 125000.
Step-by-step explanation:
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