A sum of Rs.8,000 amounts to Rs.13,824 in 3 years at R% p.a., interest compound annually. What will it amount to in \(1\dfrac{1}{4}\) years at the same rate, if the interest is compounded half-yearly?

A sum of Rs.8,000 amounts to Rs.13,824 in 3 years at R% p.a., interest

1.	A sum of Rs.8,000 amounts to Rs.13,824 in 3 years at R% p.a., interest compound annually. What will it amount to in \(1\dfrac{1}{4}\) years at the same rate, if the interest is compounded half-yearly?
A.	Rs.10,648
B.	Rs.10,148
C.	Rs.10,164
D.	Rs.10,872
Answer» D. Rs.10,872

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A sum of Rs.8,000 amounts to Rs.13,824 in 3 years at R% p.a., interest compound annually. What will it amount to in \(1\dfrac{1}{4}\) years at the same rate, if the interest is compounded half-yearly?

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