find the compound interest on rupees 15625 at 16% per annum for nine months when compounded quarterly
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Answered by
1
Answer:
So,we will multiply 15625 by 16 = 2,50,000
Answered by
4
Answer:
interests = 15625 × 4 × 1 / 100
= 625
= 15625 + 625
= 16250
compound interests = p ( 1 + r/100 )
= 15625 ( 1 + 4/100 )
= 15625 × 104/100 × 104/100 × 104/100
= 52/50 × 52/50 × 52/50
= 26/25 × 26/25 × 26/25
= so 15625 will be divided 25 now we are multiply 26 and 25 will be divided 15625
= 26 × 26 × 26 = 17576
now we are subtracted 17576 - 15625 = 1951
so answer is = 1951
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