find the amount to be paid at the end of 1 year on rupees 1800 at 8% per annum compounded quarterly
Answers
Answered by
2
Here, principle of=1800, R=8%, T= 1yr
Therefore, amount= PRT/100
=1800×8×1/100
=18×8
=144
Therefore, rs 144 has to be paid
Therefore, amount= PRT/100
=1800×8×1/100
=18×8
=144
Therefore, rs 144 has to be paid
Answered by
2
if we calculate one year as 1, then it is 144
if its in 365 then it is 52560
Similar questions