find the amount of rupees 15625 in 9 months at 16% per annum when the interest is compound quarterly
Answers
Answered by
7
Answer:
C.I =15625[(1+4/100)cube-1]
=15625[(104/100)cube - 1]
=15625[(26/25)cube -1]
=15625(17576/15625)-1
=15625(17576-15625/15625)
=15625(1951/15625)
C.I = Rs 1951
Answered by
3
Answer:
amount = 17576
Step-by-step explanation:
A = P (1+R/400)³
A = 15625(416/400)³
A = 15625 (26/25)³
A = 15625 × 26/25 × 26/25 ×26/25
A = 26 × 26 × 26
A = 17576
Hope it helps....
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