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Byju's Answer
Standard VIII
Mathematics
Finding CI When Rate Compounded Anually or Semi - Anually
Find the amou...
Question
Find the amount that David would receive if he invests Rs 8192 for 18 months at
12
1
2
%
per annum, the interest being compounded half-yearly.
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Solution
Given
:
P
=
Rs
8
,
192
R
=
12
.
5
%
p
.
a
.
n
=
1
.
5
years
When
the
interest
is
compounded
half
-
yearly
,
we
have
:
A
=
P
1
+
R
200
2
n
=
Rs
8
,
192
1
+
12
.
5
200
3
=
Rs
8
,
192
1
.
0625
3
=
Rs
9
,
826
Thus
,
the
required
amount
is
Rs
9
,
826
.
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