Question

At the end of 1 year on 1800 at 8% per annum compounded quarterly.

Answer 1

Answer:

Step-by-step explanation:

Rate=8%

Time=365 days

S.I.=1800

S.I= P×R×T/100

1800=P×8×365/100

1800=P×2×73/5

1800=P×146/5

1800=146P/5

146P\5=1800

P=1800×5/146

P=900×5/73

P=4500/73

P=61.643 Answer