Question

find the amount and the compound interest on rupees 20000 at 4℅ per annum, compounded quarterly after 6 months. ​

Answer 1

Answer:

₹20402

Step-by-step explanation:

1. C.I = P ( 1 + r/100)^n
2. C.I = 20000 ( 1 + 1/100)^2
3. C.I = 20000 × (101/100)^2
4. C.I = 20000 × 101/100 × 101/100
5. C.I = 20402 ans

I hope it will help you!!

Answer 2

Answer:

Answer:

₹20402

Step-by-step explanation:

C.I = P ( 1 + r/100)^n

C.I = 20000 ( 1 + 1/100)^2

C.I = 20000 × (101/100)^2

C.I = 20000 × 101/100 × 101/100

C.I = 20402 ans

Step-by-step explanation: