a man borrowed 1 lakh for 9 months @ 9%.if the interest are compound quarterly. Then what amount will the man pay
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Answered by
1
Answer:
Step-by-step explanation:
The interest you will receive at the end of the 1-year tenure will be Rs.4,000. Therefore, the maturity amount of the FD will be Rs.54,000.
Answered by
0
Answer:
S.I =prt/100
1,00,000*9*9/100
=18000
A=100000 +18000
=1,18,000
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