Question

a man borrowed 1 lakh for 9 months @ 9%.if the interest are compound quarterly. Then what amount will the man pay​

Answer 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.

Answer 2

Answer:

S.I =prt/100

1,00,000*9*9/100

=18000

A=100000 +18000

=1,18,000