Math, asked by sweetypet, 4 months ago

Calculate compound interest on ` 1000 over a period of 1 year at 10% per annum, if

interest is compounded quarterly?

Answers

Answered by AbinayaManimaran

3

Step-by-step explanation:

A=p(1+r/400)^4n

=1000(1+10/400)^4

=1000(41/40)^4

=1103.81

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