find the compound interest on 10000 compounded quarterly for 9 months at the rate of 4%
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P=10000
No.of yrs=9 mths
Rate of interest =4%
Amount =P(1+R÷100)^0.9
=10000(1+4÷100)^0.9
=10000(104÷100)^2
10000×104×0.9÷100×0.9
=400
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