Find the amount of compound interestat the rate of 10% per annum for 1.5 year on the amount for 8000 , when compunded quarterly
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Answer:
Step-by-step explanation:
Principal=8000
Time=1.5 yrs (547.5) days
S.I.=P×R×T\100
S.I.=8000×10×547.5/100
S.I.=80×10×547.5
438,000 Answer
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