Question

find amount and compound interest ....Rs 5000 at 8 percent p. a compoundef quaterly for 9 months
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Answer 1

Answer:

Rs. 306.04

Step-by-step explanation:

In one year there are '4' quaterly month

for 9 month−3 quater

New rate=84=2 %

SEE THE PIC ABOVE

HENCE‚

Total CI=300+6.04

= Rs.306.04

HOPE IT HELPS...!!