Question

In how many years will a sum of ₹800 at 10% per annum compounded semi-annually become ₹ 926.10?

• A. $1\frac{1}{3}years$
• B. $1\frac{1}{2}years$
• C. $2\frac{1}{3}years$
• D. 3 years

Answer 1

Answer: (B)

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

Answer 2

The correct option is(B): $1\frac{1}{2}years$