Question

Find the amount on 50000 in 9 months at 8 % p.a., when the interest is compounded
quarterly.​

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

53060.40

Step-by-step explanation:

p=50000

N=9 months $\frac{9}{12}$ years

R=8% p.a.

A=p(1+$\frac{r}{400}$)${n}$

=50000(1+$\frac{8}{400}$)^3

=53060.40 answer

here you go ...