Math, asked by rivadipeshshah, 3 months ago

If ₹12000 taken for 2 years at 4% per annum compounded quarterly, then time period and rate is

Answers

Answered by shrivastavapreeti181

1

Step-by-step explanation:

amount = principal (1+r/100)time

amount= 12000(1+4/100)2

A= 12000( 104/100 * 104/100 )

A= 12979.2

CI = amount - principal

CI= 12979.2 - 12000

CI= 979.2

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