Question

Calculate Amount and Compund Interest when principal is 125000, Rate is 8%p.a. , Time is 3/2 years​

Answer 1

Answer:

$using \: formula = \: a = p (r + 1 \div 100) ^{n}$

Answer 2

Answer:

7651

Step-by-step explanation:

Given, P=125000,

As compounded quarterly R=8/4 =2%

Time =9 months= 9/12years = 9/12 ×4quarters =3 quarters

We know, Amount =A=(1+R/100)power of n

A=125000[ 1+( 2/100 ) ] power of 3= Rs. 132651

C.I = Rs. [ 132651−125000 ]= Rs. 7651