Question

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

Answer 1

Answer:

1,944

Step-by-step explanation:

C.I = p{(1 +  r/100 )^t  - 1 }

     given ,

p = 1,800

rate of interest = 8%

time = 1 year

∴ C . I = 1800 x {1+ 8/100}^1 -1}

          =  1800 x { 27/25 } -1 }

         = 1800 x 2/25

         = 72 x 2

          = 144

  and,

 amount = 1,800 + 144

               = 1,944