Question

how much would a sum of rupees 20,000 amount to at 12% in 9 months if the interest is being compounded quarterly


please answer this question with full solution answer should be $21854.54 ​

Answer 1

Answer:

T=9\;montsh=\frac{9}{12} years\)

\( A=P{\left(1+\frac{r}{?}\right)}^{nt}\)

\( A=20,000{\left(1+\frac{12}{4\times\;100}\right)}^{4\times \frac{9}{12}}\)

\( A=20,000{\left(\frac{100+3}{100}\right)}^{3}\)

\( =21854.54\)

Hence, amount \( =Rs.21854.54\)

Answer 2

Answer:

this is the answer see it I hope you are satisfied.