Math, asked by umeshsharma1952, 6 months ago

Find the compound interest on 15,625 at 16% per annum for nine months when
compounded quarterly. Find with unitary method .

Answers

Answered by stephensrvspmcbse

0

Answer:

Could you expaine more

Step-by-step explanation:

Answered by amankumarsoni31

5

Step-by-step explanation:

Principal=15625 Rs.

Time=9 months=3 Quarters

Rate of interest=16 %=4% per quarter

Amount=15625×(1+4/100)³

=15725×104/100×104/100×104/100

=15725×24/100×24/100×24/100

=17567 Rs

17567 - 15625

=1951 Rs answer

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