Math, asked by somya17085, 9 months ago

Find the compounded interest for six months on Rs.1000 at an annual rate of
interest of 12% if the interest is compounded every 3 months.

Answers

Answered by priankadutta85
1

Answer:

3086.72

Step-by-step explanation:

amt= 1000(1+12/100)^3

=1000*112/100*112/100*112/100

=3086.72

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