Question

at what rate per annum wil rs15625 amount to rs.17576 in 9 months ,when compounded quarterly?
please tell me the ans fast than I will mark you the brainlist only correct ans fast ​

Answer 1

Amount obtained by Compound interest if compounded quaterly - P(1+r/400)4n

Here the Amount is 17576

A/Q

        P(1+r/400)4n   = 17576                 (where" P' is 15625, 'r' is 'r' and 'n' is 9 months or 3/4 years)

        15625(1+r/400)3   =17576            (3/4 *4 = 3)

        15625{(400+r)/400}3   = 17576

This is the equation you can solve it yourself and get the rate% 

    

Answer 2

Answer:

it is very difficult

sorry I can't answer this