find the compound interest on Rupees 15625 at 16% per annum for 9 months when compounded quarterly
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P=15625
RATE=16%,QUARTERLY 4%
TIME =9 MONTH, QUARTERLY =3
CI=15625(1+4/100)^3
CI = 15625×104×104×104/1000000
AMOUNT =17576
CI=17576-15625=1951
CI=1951
RATE=16%,QUARTERLY 4%
TIME =9 MONTH, QUARTERLY =3
CI=15625(1+4/100)^3
CI = 15625×104×104×104/1000000
AMOUNT =17576
CI=17576-15625=1951
CI=1951
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Answer:Here's ur answer
Step-by-step explanation:
1951 is the answer
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