Math, asked by mannat1157, 8 months ago

Find the compound interest on Rs 25000 for 6 months at 8% p.a. when interest in compounded quarterly.

Answers

Answered by mohdaminskims12

Step-by-step explanation:

In such cases we use the following formula for compound interest when the interest is calculated quarterly. Here, the rate percent is divided by 4 and the number of years is multiplied by 4. Note: A = P(1 + r4100)4n is the relation among the four quantities P, r, n and A.

Previous Question

Next Question

Similar questions

Computer Science, 3 months ago

convest (AD5) 16 =( ) 1 ...

Math, 3 months ago

number name of 88,998, 898...

Science, 3 months ago

The frequency range in which some common animals can hear is shown in the graphic below. A manufacturer wants to create a pest controller that will emit loud sounds that can be heard by insects and rodents (and will hence drive them away), but will not affect humans and pets. What frequencies of sound should the pest controller produce and why? (with explanation) A. Below 20 hertz B. 100...

Math, 8 months ago

29.4 × 26 = what is the answer...

Math, 8 months ago