Calculate the amount on P=Rs.
1,60,000, R= 8% p.a. compounded
quarterly and T= 1year
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Answer:
234677655775456688755588754456
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Step-by-step explanation:
- p=Rs160000 quarterly Rate=8%=8/4=2% quarterly time=1×4=4years A=p (1+rate/100)4 A=160000 (1+2/100)4 A=160000 (1+1/50)4 A=160000 (51/50)4 A=160000×51/50×51/50×51/50×51/50 A=16×51/5×51/5×51/5×51/5 A=16×6765201/625 A=108243216/625 A=173189.1456
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