In what time will Rs 64000 amounts to Rs 68921 at 5% per annum interest being compounded half yearly ? Options: A . &nbsp$$1\frac{1}{2}$$ years B . &nbsp2 years C . &nbsp3 years D . &nbsp$$2\frac{1}{2}$$ years

In what time will Rs 64000 amounts to Rs 68921 at 5% per annum interest being co

Question

In what time will Rs 64000 amounts to Rs 68921 at 5% per annum interest being compounded half yearly ?

Options:

A . $$1\frac{1}{2}$$ years

B . 2 years

C . 3 years

D . $$2\frac{1}{2}$$ years

Answer: Option A

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