find the amount and compound interest on 15000 for 2 years per annum compounded quarterly on 8% rate
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Step-by-step explanation:
A=P(1+R/100)^n
A=15000(1+8/100)^2
A=15000*108/100*108/100
A=17496
C.I.=17496-15000
C.I.=2496
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