If Rs40000 amounts to Rs46305 in 1 1/2 years, compound interest payable half yearly, find the rate of interest per annum.
A=46305
P=40000
T=3/2 years
the formula for compound interest half yearly is
sub and find R
If Rs40000 amounts to Rs46305 in 1 1/2 years, compound interest payable half yearly, find the rate of interest per annum.
A=46305
P=40000
T=3/2 years
the formula for compound interest half yearly is
sub and find R