Q9 of 28 Page 133

Find the amount which Ram will get on Rs 4096, if he gave it for 18 months at per annum, interest being compounded half yearly.

Here, Principal (P) = Rs. 4096,

Rate of Interest (R) =


(compounded half yearly)


Time, n = 18 months = years = 3 years (compounded half yearly)




= Rs. 4,913


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