If the rate of interest is 10% per annum and is compounded half yearly ,the principal of Tk.4000 in 3/2 years will amount to -

A Tk. 4630.00

B Tk.4630.50

C Tk.4631.50

D Tk.4632.00

Solution

Correct Answer: Option B

আমরা জানি ,
C=P(1+r/100×t)n×t
=4000(1+10/100×2)3/2×2
=4000(1+20)3
=4000(21/20)3
=4000(21×21×21)/(20×20×20)
=4630.50 tk  

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