Q4 of 89 Page 14

What sum will amount to Rs. 4913 in 18 months, if the rate of interest is 12% per annum, compounded half-yearly?

Given,


Amount = Rs.4913


Time = 18 months =


Rate = 12-% =


Let principal = P


So,


A =


= P


=


=


=


Hence ,


Principal = Rs. 4096


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