Atul deposited 18,000 in a bank at 16%
per annum for 9 months. Find the amount received by
him if the interest is compounded quarterly.
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Answered by
0
Answer:
interest 216 and sum of interest , deposite 2016
Answered by
2
Explanation:
=Amount after 3 month
=(18000+18000×16)/100
=20880
=Amount after 6 month
20880+20880×16/100
=24220.8
=Amount after 9 month
=24220.8+24220.8×16/100
=28096.128
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