Math, asked by Ishant766, 1 day ago

Motilal deposits 16000 in a bank which pays interest at the rate of 20% per annum compounded quarterly. Find the interest received by Motilal after one year.

Answers

Answered by guptakanakgzb

0

Answer:

20/100*16000=3200

then 20*160 because we cut two zero of 16000 and 100

so 20*160=3200

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