Question:
In how many years will a sum of ₹800 at 10% per annum compounded semi-annually become ₹ 926.10?
In how many years will a sum of ₹800 at 10% per annum compounded semi-annually become ₹ 926.10?
Updated On: Apr 27, 2024
- \(1\frac{1}{3}years\)
- \(1\frac{1}{2}years\)
- \(2\frac{1}{3}years\)
- 3 years
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The Correct Option is B
Solution and Explanation
The correct option is(B): \(1\frac{1}{2}years\)
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