Math, asked by potato9999, 6 months ago

find the ci on 40000 at 12% per annum for 6 months compounded quaterly​

Answers

Answered by nothing556
1

Answer:

we have to find the compound interest. rate of interest, r = 6% per annum = 6/4 = 1.5 per quarter. = 41209 Rs. therefore compound interest is 1209 Rs.

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