Math, asked by kaluram24898, 11 months ago

a certain sum amount to rs 24080 in months at 6%interest compounded quarterly. determine the sum.

Answers

Answered by ramyadevi1981

3

Answer:

22687

Step-by-step explanation:

A=P(1+r/400)^4

24080=(406/400)^4*P

P=24080/1.015)^4

P=24080/1.0614

P=22687

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