Compute the compound interest on Rs 5000 for 3/2 yrs at 16% per annum, compounded quarterly
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Computer compound interest = Rs 5000
For years. = 3/2
Per Annum. = 16
3/2 by 16
= 24
So, Rs 5000-24=4976
For years. = 3/2
Per Annum. = 16
3/2 by 16
= 24
So, Rs 5000-24=4976
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