Question

2. At the end of 1 year on 1,800 at 8% per annum compounded quarterly.​

Answer 1

$\large\bold{\underline{\underline{\purple{➩Given:-}}}}$

• At the end of 1 year on 1,800 at 8% per annum Compounded Quarterly.

$\large\bold{\underline{\underline{\purple{➩Solution:-}}}}$

$A = 1800(1 + \frac{8}{1800} ) {}^{1} = 1800(1 + \frac{2}{25} )$

$A = 1800 \times ( \frac{25 + 2}{25} ) = 1800 \times \frac{27}{25}$

$A = \frac{18 \times 100}{25} \times 27 = 18 \times 27 \times 4$

$A = 1944₹.$

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