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Home What sum of money will amount to Rs. 27,783 in one and a half years at 10% per annum compounded half yearly ? Open in App Solution Given that A = Rs 27,783 R = 10 % p.a. T = 1 + 12 years = 2+12 years = 32 years Solution When the interest is compounded half - yearly A=P(1+R200)32 × 2 →27,783=P(1+10200)3 (adsbygoogle = window.adsbygoogle || []).push({}); →27,783=P×((200+10200)3 →27,783=P×(210200)3 →27,783=P×(2120)3 →27,783=P×9,2618,000 →P=27,783×8,0009,261 →P=₹24,000Suggest Corrections 3 Same exercise questions Q. If the interest is compounded half-yearly, calculate the amount when the principal is Rs. 7,400; the rate of interest is 5% per annum and the duration is one year. Q. A man borrowed Rs. 16,000 for 3 years under the following terms : 20% simple interest for the first 2 years. 20% C.I. for the remaining one year on the amount due after 2 years, the interest being compounded half-yearly. Find the total amount to be paid at the end of three years. What sum of money will amount to 21296 in 3 year at 10% per annum compounded annually?21296Rate (r)= 10% p. a. Period (n) = 3 yearsLet P be the sum, TheA=P(1+r100)n⇒ 21296=P(1+10100)3⇒ 21296=P(1110)3P=Rs. 21296×(1011)3=21296×1011×1011×1011=Rs.
What sum of money will amount to 15972 in 3 years at 10% per annum compounded yearly?Therefore, the sum of money is Rs. 12000.
What sum of money will amount to 79261 in 3 years at 5% per annum compound interest?What sum of money will amount to ₹ 9261 in 3 years at 5% per annum compound interest? Therefore, the sum of money is ₹ 8000.
What sum of money will amount to 5445 in 2 years at 10% per annum compound interest?5445 in 2 years at 10% per annum compound interest. So, the correct answer is “Rs. 4500”.
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