Swati borrowed Rs. 40960 from a bank to buy a piece of land. If the ba – InterviewSolution

1.	Swati borrowed Rs. 40960 from a bank to buy a piece of land. If the bank charges 1212% per annum, compounded half-yearly, what amount will she have to pay after 112 years? Also, find the interest paid by her.
Answer» Swati borrowed $R s . 40960$ from a bank to buy a piece of land. If the bank charges $12 \frac{1}{2} %$ per annum, compounded half-yearly, what amount will she have to pay after $1 \frac{1}{2}$ years? Also, find the interest paid by her.

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