Complete the compound interest on ₹8,000 for 2 years at 6½%quarterly
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2
Answer:
A=P*(1+R/100)^N where
A : Amount to be repaid after 'N' period
P : Principal
N : No of periods (in this case its 3 periods)
R : Rate of interest (in this case its 5% per qtr)
A = 8000*((1+5/100)^3
A = 9261
Interest is 9261 - 8000 = 1261
Answered by
3
Answer:
1261 is right answer brother।।।।।
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