Question

4. Harish invests * 12,500 for 2 years at 12% p.a., calculate the amount and the compound interest
that Harish will get after 2 years.


Plz...answer faster

Answer 1

Step-by-step explanation:

thanks for free point. but i known how to do it.

Answer 2

Answer:

Principle =Rs.12500, Time period =9 months

1 quarter =3 months

3 quarter =9 months

Time period =3 quarters

Rate of Interest =8% per annum

1 annum =4 quarters

Rate of Interest =2% per quarter

Amount = Principle ×[1+

100

Rate of Interest

]

Time period

=12500×[1+

100

2

]

3

=12500×(1.09)

3

Amount=Rs.13265

Compound Interest=Amount − Principle

=Rs.13265−Rs.12500

Compound