Find the amount which Ram will get on ₹ 4,096, if he gave it for 18 months at112 %2perannum, interest being compounded half yearly.
Question
Solution 1
To find the amount Ram will get on ₹ 4,096, we need to calculate the compound interest.
First, let's break down the given information: Principal amount (P) = ₹ 4,096 Rate of interest (R) = 12% per annum (112/2 = 56% per half-year) Time period (T) = 18 months (since interest is compounded half-year Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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