Kindly Answer the questions in the attachment without spamming :)
Attachments:
Answers
Answered by
83
Given:
- P = ₹10500
- R = 5%
- Time = 1 year
Use the relation,
As the interested is compounded in 3 months, for a year )12 months) it will be compounded
Answered by
122
Solution 1:-
Given:-
- Principal = ₹10,500
- Rate = 5%
- Time = 1 year
Formula:-
Here,
- P stands for Principal
- R stands for Rate
- n stands for time
Putting the values:-
Solution 2:-
Given that the interest is compounded after every 3 months in a year.
[∵ 1 year = 12 months]
The interest will be compounded 4 times.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
BrainlyPopularman:
Awesome :)
Similar questions