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Jennifer W. Algebra 9 months, 4 weeks ago Video Answer: Get the answer to your homework problem. Try Numerade free for 7 days We don’t have your requested question, but here is a suggested video that might help. Related Question'Rose invests $ 28,000 at 8 % /a compounded semi-annually What is the total amount of the interest after 9 years?' DiscussionYou must be signed in to discuss. Video TranscriptI'd like to say hello to everyone. We are going to solve a question that has a principal of $28,000. Nine years is what we are giving time for. We argue and read That is it R is equal to eight poison. This amount is compounded Sammy and Willie. After nine news we need to find the total amount. For semi annually compounded, we double the time that is given to us. The dash is equal to nine and two news. We have a rate of 8% divided by two. Here we have 8% divided by two. Is he going to p. with one plus R Dash and 100 raised to the power T. Dash? After putting the values we have 28,000 with one plus four divided by 100 raised to the power 18. From here we have 28,000 Multiplied with 1.04 raised to the power eating. This is 28,000 Multiplied with 2.0.25. We have 2.0 258 and it's equal to 25662 2.4. The amount is equal to the amount. Which is the question's final answer. Thank you for your kind words. Answer Verified
Hint: We have to find the principal amount for which $4\% $ interest is compounded half-yearly for $1\dfrac{1}{2}$ years which sum to a final amount of $Rs.132651$ . So, using the compound interest formula which is Final Amount = $principal \times {\left( {1 + \dfrac{{rate}}{{100}}} \right)^{time}}$ we will find the principal amount. Complete step-by-step solution: Note: Compound interest is the interest calculated on the predominant and the interest accrued over the preceding period. It is distinct from easy interest, where interest isn't introduced to the principal while calculating the interest at some point of the following duration. Compound interest unearths its usage in the maximum of the transactions in the banking and finance sectors and different regions. What sum invested for 1½ years, compounded half yearly at the rate of 4% p.a., amounts to Rs. 1,32,651?
Answer (Detailed Solution Below)Option 4 : Rs. 1,25,000 Free History of Indian Constitution 15 Questions 15 Marks 9 Mins Given Amounts = Rs. 1,32,651 Time = 3/2 years Rate = 4% Compounded half yearly Concept A = P × (1 + r/100)t When compounded half yearly Rate become half and Time become double (As in 1 year 12 months = 6 months + 6 months) Calculation Time = 3 years Rate = 2% ⇒ 132651 = P × (1 + (2/100))3 ⇒ 132651 = P × (1 + (1/50))3 ⇒ 132651 = P × (51/50)3 ⇒ P = (132651 × 50 × 50 × 50)/(51 × 51 × 51) Note:- 513 = 132651 ⇒ P = Rs. 125000 ∴ Sum = Rs. 125000 Latest MP Police Constable Updates Last updated on Nov 15, 2022 MP Police Constable Final Result announced. The Madhya Pradesh Police had announced a total of 4000 vacancies for the post of Constable. The selection process for MP Police Constable includes Written Test, Physical Efficiency Test ,Physical Measurement Test, and Trade/Driving Test (for the post of Driver only). The salary of the finally appointed candidates will be in the range of INR 19,500 - INR 62,600. Ace your Interest preparations for Compound Interest with us and master Quantitative Aptitude for your exams. Learn today! What sum invested for 1 1 2 years compounded half yearly at the rate of 8% will amount to 140608?125000. Step-by-step explanation: Given : Sum invested for 1 whole 1 upon 2 years compounded half yearly at the rate 8% per annum will amount to rupees 140608.
What sum invested for 1 and half years compounded half yearly at the rate 8%?Q. Find the sum invested for 112 years compounded half-yearly at the rate of 8% per annum. that will amount to Rs. 17576.
What sum is invested for 1 1 2 years at the rate of 6%?Answer: The principal value or sum is Rs. 125000.
What becomes half of the interest is compounded half yearly?If the rate of interest is annual and the interest is compounded half-yearly (i.e., 6 months or, 2 times in a year) then the number of years (n) is doubled (i.e., made 2n) and the rate of annual interest (r) is halved (i.e., made r2).
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