Arvind deposited 7500 rupees in a bank which pays him 12% interest per annum compounded quarterly what is the amount he will receive after 9 months
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Answered by
14
If the rate is for 1 yr then the amount will be same for the Si and CI
p=RS7500
R=12%
T=9/12=3/4
SI=Rs(7500x12x3/4x100)
therefore the result is Rs 675
A= Rs(7500+675)
=Rs 8175
So he had received the amount of Rs8175.
I hope the answer was helpful to you If it was please mark it as brainlist ❤️
p=RS7500
R=12%
T=9/12=3/4
SI=Rs(7500x12x3/4x100)
therefore the result is Rs 675
A= Rs(7500+675)
=Rs 8175
So he had received the amount of Rs8175.
I hope the answer was helpful to you If it was please mark it as brainlist ❤️
Answered by
9
rate = 12/4=3%
time =9×4=36 or 3yrs
a= p { 1+ r/100)^3
=7500{ 1+3/100)^3
=7500×1092.72
=8195.45
time =9×4=36 or 3yrs
a= p { 1+ r/100)^3
=7500{ 1+3/100)^3
=7500×1092.72
=8195.45
nitthesh7:
congrats bro 10 points for "Genius"
☺☺☺
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