Math, asked by Nani7805, 9 months ago

A money lender lends rs 5000 for 6 months at 16% per annum whereas the interest is compounded quarterly. After the given period he will get the amount of?

Answers

Answered by PrimePalindrome

0

Answer:

Step-by-step explanation:

Amount = 5000(1+4/100)^2

= 5000×1.04×1.04

= 5408

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