find the amount on rs 5,000 for one year at 8% pa compounded quarterly
Answers
Answered by
1
Step-by-step explanation:
P×T×R/100
P=5000
T=1 year
R=8%
5000×1×8/100
Amount=400
Answered by
1
Answer:
5400
Step-by-step explanation:
P= 5000
T=1 year
R=8%
SI= PRT/100
=5000×8×1/100
=400
AMOUNT= Principle + SI
= 5000 + 400
= 5400
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