find the compound interest on Rs 1,25,000 for 9 months at 8 % per annum , compound quarterly
Answers
Answered by
2
Answer:
7,651
Step-by-step explanation:
Find the compound interest when $1,25,000 is invested for 9 months at 8% per annum, compounded quarterly. Number of years the amount is deposited or borrowed for (n) = 912 year = 34 year. Therefore, compound interest $ (1,32,651 - 1,25,000) = $ 7,651.
Answered by
2
Step-by-step explanation:
Answer is 32464
Also first we have to find amount what is the total money after adding ci and principal
When from total money we remove the money that we got means principal the difference is Ci
Attachments:
Similar questions
Social Sciences,
2 months ago
Math,
2 months ago
Science,
4 months ago
Social Sciences,
4 months ago
Math,
10 months ago
Math,
10 months ago