Question

find the compound interest on rs 10000 for 2 years at 20% compounded quarterly​

Answer 1

Step-by-step explanation:

For details solution see photo post solution

Answer 2

Step-by-step explanation:

principal is equal to 10000

time is equal to 2 years

rate of interest is equal to 20%

therefore amount is equal to p((1+r/100))^n

10,000×((1+20/100))^2

10,000×(1+1/5)^2

10,000×(6/5)^2

10,000×6/5×6/5

400×36

14,400

therefore compound interest is equal to

amount - principal

14,400-10,000

4,400