A principal of Rs. 6120 becomes Rs. 8330 in 2 years when compounded annually at some rate of interest. How much will be the amount if the same principal was compounded half-yearly?
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Q:
A principal of Rs. 6120 becomes Rs. 8330 in 2 years when compounded annually at some rate of interest. How much will be the amount if the same principal was compounded half-yearly?
- 1Rs. 8430true
- 2Rs. 8500false
- 3Rs. 8300false
- 4Rs. 8750false
- 5None of thesefalse
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