1. In how many years will a sum of Rs. 800 at 10% per annum compound interest, compounded semiannually becomes Rs. 926.10 ?






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  • By: anil on 05 May 2019 02.01 am
    When we are compounding it semiannually its rate becomes 5% and number of years will 2n
    so for compound interest:
    926.10=$$800 imes(1+frac{10}{100})^{2n}$$
    solve for n.
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