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