Math, asked by kanwaludey, 1 month ago

Calculate the amount and compound interest I ona 100.000 for 9 month at 4% Per anum compounded quarterly.​

Answers

Answered by ajha78281
1

Answer:

sorry I don't know this bro

Step-by-step explanation:

pls mark me brailiest

Answered by JAYESHSINGH01
3

Answer:

It is given that

Principal (P) = 100000

Rate of interest = 4% p.a. or 1% quarterly

Period (n) = 9 months or 3 quarters

We know that

P(1+r/100)

n

Substituting the values

= 100000(1+1/100)

3

By further calculation

=100000×101/100×101/100×101/100

= 103030.10

Here

CI = A - P

Substituting the values

= 103030.10−100000

= 3030.10

Step-by-step explanation:

Hope it help ☺☺☺☺☺

Similar questions