4. Shyam deposited 4000 in a bank to earn interest, at the rate of 9
2
much is the compound interest?
5. Find the comme ind interest on 3500 for 2 years, when the interest is compounded interested .
Answers
Answered by
0
Answer:
Step-by-step explanation:
Sum =Rs.7500
Time = 6 months =
2
1
year
Rate =8%
Compounded quarterly
A=Sum(1+
100
R/4
)
4T
=7500(1+
400
8
)
4×
2
1
=7500(1+
50
1
)
2
=7500×
50
51
×
50
51
=3×51×51=Rs.7803 (Answer
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