Math, asked by ANIRUDHSAXENA3754, 9 months ago

What sum will we become rupees 37044 in 18 month if the rate of interest is 10% per annum and the interest is compounded half yearly

Answers

Answered by Anonymous
1

Answer:

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

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