Find the amount that the daily worker ram singh would receive if he invests rs. 8,192 for 18 months at 12 ½ % per annum, the interest being compounded half yearly.

$9826.

Step-by-step explanation:

We are asked to find the amount that the the daily worker Ram Singh would receive if he invests Rs. 8,192 for 18 months at 12 ½% per annum and the interest is being compounded half yearly.

We will use compound interest formula to solve our given problem.

, where,

,

,

,

.

Let us convert interest rate in decimal form.

As interest is compounded half-yearly, therefore, n will be 2.

1 year = 12 months,

18 months = 18/12 year = 1.5 year.

Upon substituting these values in compound interest formula we will get,

Therefore, the daily worker Ram Singh will receive $9826 after 18 months.

on monday rodney ate 1/4th of the sandwich = 3/12

on tuesday he ate 1/3rd of the sandwich = 4/12

therefore in total he has eaten = 3/12 + 4/12 = 7/12

thus we can say that he has eaten 7/12 of the sandwich on monday and tuesday alltogether.

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step-by-step explanation: