1.

Rs . 20000 is being compounded at 20% p.a . If the rate of interest is changed half yearly. What will be the amount after 2 years ?

Answer»

28292
27292
29282
22358

Solution :`20000(1+(20//2)/100)^(2XX2)=20000(1+10/100)^4=20000(1.1)^4=20000xx1.4641=₹29282`


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