how much would a sum of rs 1600 amount to in one year at 20% per annum if the interest is compounded quaterly
Answers
Answered by
1
Answer:
1820
Step-by-step explanation:
1st - divide 1600 by 100
= 16
2nd - now multiply 16 with 20
=220
3rd - add them(1600+220)=1820
Answered by
0
Answer:
intrest=rs+time+rate/100
intrest =1600+1+20/100
=320
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