If ₹15000 taken for 2 years at 4% p.a. compounded quarterly find time period and rate
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P=15000
T=2year
R=4%
C.I=15000(1+4/100)
-15000
=15000(26/25)²-15000
=15000 x 616 ÷625-15000
=16224-15000
=1224
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