find A, if P is R.S 64000, N is 1 year and R is 7.5 p.a , compounded every 4 months.
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A=P(1+i/m)^nm
{m=no.of times}
A=64000(1+0.075/3)^1×3
= 64000(1+0.025)^3
=64000(1.025)^3
=64000(1.0768)
=68921.
{m=no.of times}
A=64000(1+0.075/3)^1×3
= 64000(1+0.025)^3
=64000(1.025)^3
=64000(1.0768)
=68921.
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