5. Find the compound interest on Rs 60,000 for
9 months at 12% per annum, when the interest
is compounded quarterly.
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=5,322.796284
Step-by-step explanation:
c.i=principal (1+rate/100)^n-p
60000(1+12/100)^0.75-60000
60000(1.12)^0.75-60000
60000×1.08871327142-60000
=5,322.796284
I think this is the answer
but not sure
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