find the amount and compound interest on rupees 390625 for 9th month at 16% per annum compounded quarterly
Answers
Answered by
2
Answer:
Step-by-step explanation:
16% p.a is 4% per quarter
therefore
compund interest is 31250[(1.04)³-1] i.e 3902
Answered by
0
16% p.a is 4% per quarter
∴compund interest is 31250[(1.04)³-1] i.e 3902
Similar questions