Find the amount of Rs. 406 for 18 months at 12
% per annum, the interest being compounded semi-annually.
Given,
Principal = Rs.406
Time = 18 Months = 
= 
Rate = 12
% per annum = 
So,
= 
Amount = Rs.486.98
7
Find the amount of Rs. 406 for 18 months at 12% per annum, the interest being compounded semi-annually.
Given,
Principal = Rs.406
Time = 18 Months = =
Rate = 12 % per annum =
So,
=
Amount = Rs.486.98