Question

Find the amount and the compound interest on rs 10000 at 6 percent p.a. for 6 months compounded quarterly

Answer 1

Answer:

A=P(1+R/200)^n*2

Step-by-step explanation:

A=10000(1+6/200)1/2*2

A=10000*206/200

A=100*103

A=10300

Compound interest

=> 10300-10000

103 (Ans)

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