Question

what sum will become rupees 9826 in 3/ 2 years if the rate of interest is 5 by 2% per annum and the interest is compounded half yearly​

Answer 1

Answer:

$\huge\red{9466.54}$

r = 5

__ %

2

n = 18 months = 3/2years

when the interest is compounded half yearly

A=P ( 1+r/2×100)nײ

=> 9826 = P ( 1+5 /2 /2×100)³/²×²

=> 9826= P = (81/80)³

=> p = 9466.54