Subject

    Bank Exam

    Topic

    Joint Recruitment Test for 7 Banks and 1 Financial Institutions - (Senior Officers/General) - 27.11.2021

    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 -

    ক)
    Tk. 4630.00
    খ)
    Tk.4630.50
    গ)
    Tk.4631.50
    ঘ)
    Tk.4632.00

    Explanation

    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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