Calculate the compound interest on rs 1000000 in 9 months at the rate of 8% per annum interest payable quarterly
Answers
Answered by
1
Answer:
p×t×r/100
1000000×9×8/100=2,250
Answered by
0
Answer:
2,250
Step-by-step explanation:
Here,
p = 1000000
t = 9
r = 8
Therefore,
Simple Interest = p ×t×r/100
= 1000000×9×8/100
=2,250
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