Find the amount and compound interest on ₹25, 000 for one year at 8% p. a. compounded quarterly
Answers
Answer:
Amount = ₹ 27060.804
Amount = ₹ 27060.804 Compound Interest = ₹ A - P
Amount = ₹ 27060.804 Compound Interest = ₹ A - P = ₹ 27060.840 - 25,000
Amount = ₹ 27060.804 Compound Interest = ₹ A - P = ₹ 27060.840 - 25,000 = ₹ 2060.804
Amount = ₹ 27060.804 Compound Interest = ₹ A - P = ₹ 27060.840 - 25,000 = ₹ 2060.804 Step-by-step explanation:
Amount = ₹ 27060.804 Compound Interest = ₹ A - P = ₹ 27060.840 - 25,000 = ₹ 2060.804 Step-by-step explanation:Here Principal = 25,000
Amount = ₹ 27060.804 Compound Interest = ₹ A - P = ₹ 27060.840 - 25,000 = ₹ 2060.804 Step-by-step explanation:Here Principal = 25,000Time 1 year
Amount = ₹ 27060.804 Compound Interest = ₹ A - P = ₹ 27060.840 - 25,000 = ₹ 2060.804 Step-by-step explanation:Here Principal = 25,000Time 1 year Rate of Interest = 8%
Amount = ₹ 27060.804 Compound Interest = ₹ A - P = ₹ 27060.840 - 25,000 = ₹ 2060.804 Step-by-step explanation:Here Principal = 25,000Time 1 year Rate of Interest = 8% Therefore Amount = ₹ P ( 1 + R / 4× 100 ) ^4n
) ^4n 25,000 (1+ 8/4×100 ) ^ 4
) ^4n 25,000 (1+ 8/4×100 ) ^ 4 25,000 × 51/50 × 51/50 × 51/50 × 51/50
) ^4n 25,000 (1+ 8/4×100 ) ^ 4 25,000 × 51/50 × 51/50 × 51/50 × 51/50 = 6765201 /250
) ^4n 25,000 (1+ 8/4×100 ) ^ 4 25,000 × 51/50 × 51/50 × 51/50 × 51/50 = 6765201 /250 = ₹ 27060.804
) ^4n 25,000 (1+ 8/4×100 ) ^ 4 25,000 × 51/50 × 51/50 × 51/50 × 51/50 = 6765201 /250 = ₹ 27060.804 Then Amount = ₹ 27060.804
) ^4n 25,000 (1+ 8/4×100 ) ^ 4 25,000 × 51/50 × 51/50 × 51/50 × 51/50 = 6765201 /250 = ₹ 27060.804 Then Amount = ₹ 27060.804 And CI = A - P
) ^4n 25,000 (1+ 8/4×100 ) ^ 4 25,000 × 51/50 × 51/50 × 51/50 × 51/50 = 6765201 /250 = ₹ 27060.804 Then Amount = ₹ 27060.804 And CI = A - P = 27060.804 - 25000
) ^4n 25,000 (1+ 8/4×100 ) ^ 4 25,000 × 51/50 × 51/50 × 51/50 × 51/50 = 6765201 /250 = ₹ 27060.804 Then Amount = ₹ 27060.804 And CI = A - P = 27060.804 - 25000 = ₹ 2060.804 .
answer is ₹ 2060.804
I hope it is helpful
