Question

At what rate per annum will 15,625 amount to 17,576 in 9 months, when compounded quarterly ?​

Answer 1

Step-by-step explanation:

$\tt \red{amount} = 17576 \: \: \: \: \: \\ \\ \tt \red{principle} = 15625 \\ \\ \tt \red{time} = 9 \: month \: \: \: \: \: \: \: \: \\ \\ \tt \pink{\frac{a}{p} } = \tt \orange{(1 + \frac{r}{100} ) {}^{n} } \\ \\ \tt \pink{\frac{17576}{15625} } = \tt \orange{(1 + \frac{r}{100} ) {}^{ \frac{3}{4} } } \\ \\ \tt \pink{\frac{26}{25} } = \tt \orange{(1 + \frac{r}{100} ) {}^{3} }$

Answer 2

Step-by-step explanation:

$\begin{gathered} \tt \red{amount} = 17576 \: \: \: \: \: \\ \\ \tt \red{principle} = 15625 \\ \\ \tt \red{time} = 9 \: month \: \: \: \: \: \: \: \: \\ \\ \tt \pink{\frac{a}{p} } = \tt \orange{(1 + \frac{r}{100} ) {}^{n} } \\ \\ \tt \pink{\frac{17576}{15625} } = \tt \orange{(1 + \frac{r}{100} ) {}^{ \frac{3}{4} } } \\ \\ \tt \pink{\frac{26}{25} } = \tt \orange{(1 + \frac{r}{100} ) {}^{3} } \\ \\ \end{gathered}</p><p></p><p>$

Answer 3

Step-by-step explanation:

$\begin{gathered} \tt \red{amount} = 17576 \: \: \: \: \: \\ \\ \tt \red{principle} = 15625 \\ \\ \tt \red{time} = 9 \: month \: \: \: \: \: \: \: \: \\ \\ \tt \pink{\frac{a}{p} } = \tt \orange{(1 + \frac{r}{100} ) {}^{n} } \\ \\ \tt \pink{\frac{17576}{15625} } = \tt \orange{(1 + \frac{r}{100} ) {}^{ \frac{3}{4} } } \\ \\ \tt \pink{\frac{26}{25} } = \tt \orange{(1 + \frac{r}{100} ) {}^{3} } \\ \\ \end{gathered}</p><p></p><p>$

Answer 4

Step-by-step explanation:

$\begin{gathered} \tt \red{amount} = 17576 \: \: \: \: \: \\ \\ \tt \red{principle} = 15625 \\ \\ \tt \red{time} = 9 \: month \: \: \: \: \: \: \: \: \\ \\ \tt \pink{\frac{a}{p} } = \tt \orange{(1 + \frac{r}{100} ) {}^{n} } \\ \\ \tt \pink{\frac{17576}{15625} } = \tt \orange{(1 + \frac{r}{100} ) {}^{ \frac{3}{4} } } \\ \\ \tt \pink{\frac{26}{25} } = \tt \orange{(1 + \frac{r}{100} ) {}^{3} } \\ \\ \end{gathered}</p><p></p><p>$