Find the compound interest on rs.4000 for 9months at 20% per annum .when the interest reckone quarterly?
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Answer:
2048000
Step-by-step explanation:
p=4000,r=20%,t=9month
c,I=p(1+r/t)n , 4000(1+20/100)9. 4000*(1+1/5)9 ,4000*(10/5)9. ans=2048000
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