find the amount which which Ram will get on 4096 rupees if he gave it for 18 months at 12 1.2 per annum interest being compounded half yearly interest being compounded half yearly

Asked by shivrajsinghchouhan39717 | 17th Feb, 2020, 07:56: AM

Expert Answer:

Here, P = Rs. 4096, n = 18 months = 3 half years, r = 12(1/2)% per annum = 25/4% half yearly 
begin mathsize 16px style Amount space equals space straight P open parentheses 1 plus straight r over 100 close parentheses cubed
space space space space space space space space space space space space space space space equals 4096 open parentheses 1 plus fraction numerator begin display style 25 over 4 end style over denominator 100 end fraction close parentheses cubed
space space space space space space space space space space space space space space space equals space Rs. space 4913 end style

Answered by Yasmeen Khan | 17th Feb, 2020, 10:48: AM