Math, asked by vishnuprasad25, 3 months ago

18. An amount is lent at a nominal rate of 4.5% per annum compounded quarterly. What would
be the gain in rupees over when compounded annually.
(a) 0.56
(c) 0.76
(b) 0.45
(d) 0.85​

Answers

Answered by ankan2778
2

Answer:

0.76

Step-by-step explanation:

Let the principal be Rs.1 and rate is 4.5% per annum

Compounded Annually:-

A=P(1+

100

r

)

n

Compounded Quaterly:-

A=P(1+

400

r

)

4n

A=1(1+

100

4.5

)

1

=

100

104.5

=1.04500

A=1(1+

400

4.5

)

4

=(

400

404.5

)

4

=1.04576

Gain =0.00076

Now, gain for Rs.1=0.00076

Gain for Rs.1000=0.76

Answered by msourabh087
0

Step-by-step explanation:

0.45 hdjsjdjsjahxxixjdsj xjdiajsix jdhsbx

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