Question

2. Find the amount and C.I. if the inte
compounded quarterly.
(a) Principal = 8000, Rate = 16%
Time = 9 months
(6) Principal = 20000, Rate = 16%
Time = 6 months
© Principal = 28000, Rate = 12% per annum
Time = 9 months​

Answer 1

Answer:

I=PRT÷100

Step-by-step explanation:

l=8000×16×9÷100 I=80×16×9

=2592