Question

Find compound interest on ₹ 16,000 at 20% per annum for 9 months, compounded quarterly.

Please Give step-by-step explanation

Answer 1

Answer:

sorry math is very tough I can't answer

Answer 2

Step-by-step explanation:

Explanation:

Principal = Rs. 16000; Time = 9 months =3 quarters;

Rate = 20% per annum = 5% per quarter.

Amount = Rs. [16000 x (1+(5/100))3] = Rs. 18522.

plz mark me as brainleast answer plz plz