Question

$24300 for 9 months at 8% per annum​

Answer 1

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What will 125000 rs amount to at rate of 6% per annum after 9 months if the interest s compounded after every three months answer=130709.80 rs.

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Answer 2

Step-by-step explanation:

P=24300

As compounded quarterly 8/4=2%

Time=9 months= 9/12 yrs= 9/12×3=3 quarter

A={1+(2/100)} power3

= RS 32.805

CI= 32.805-24300= -24267.195