Question

find the compound interest on ₹16000 for 9 months at the rate of 20/per annum compounded quarterly​

Answer 1

Question ⤵️

find the compound interest on ₹16000 for 9 months at the rate of 20/per annum compounded quarterly.

Answer ⤵️

Rate = 20% per annum = 5% per quarter. Amount = Rs. [16000 x (1+(5/100))3] = Rs. 18522.

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Answer 2

Answer:

answer rs.18522

Step-by-step explanation:

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