Math, asked by Nandani6101, 1 year ago

Find the compound Interest:

rupees 16000 at 20% p.a. For 1 year compounded quarterly

please answer me !!

Answers

Answered by harsh5359
3
the answer is: 19448.1
Nandani6101: how ??
Nandani6101: i want full explanation
harsh5359: when the compound interest in quarterly the rate becomes 1/4 and time becomes 4
Nandani6101: oh thank you
harsh5359: welcome
Answered by ishaan1509007
0

Answer:

Step-by-step explanation:

you shoul make 20 % as 5 and 1 year to four year

16000 [1 + 5/100] race to the power four]

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