Assertion (A): The amount on ₹ 4000 at 10% p.a compounded annually for 2(1/2) years = 4000(1+10/100)^5/2 . Reason (R): When the total time is not complete number of years, for example time = m years and n months, and rate is r % p.a (compounded annually), then A = sum (1 + r/100)^m x (1 + r/12/100)^n 1. A is true, R is false. 2. A is false, R is true. 3. Both A and R are true. 4. Both A and R are false.