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Q:

In what time will ₹ 64,000 amount to ₹ 68,921 at 5 % per annum interest being compounded half yearly? 

  • 1
    $$3{1\over 2}\ years$$
  • 2
    $$2{1\over 2}\ years$$
  • 3
    $$1{1\over 2}\ years$$
  • 4
    $$1{3\over 2}\ years$$
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Answer : 3. "$$1{1\over 2}\ years$$"

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