Math, asked by anshikamall, 3 months ago

MTH146W21-001
anshika mall

An investment of 83984 74 carns interest at 3.6% per annum compounded monthly for 2 years At that time the interest rate is changed to 1% compounded quarterly. How much will the accumulated value
be 15 years after the change?
The accumulated value is $ 4379.007312
(Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as neede

Answers

Answered by riyaprajapati2100
0

Answer: A) 4 years

Explanation:

Time = (100 x 81) / (450 x 4.5) = 4 years.

Subject: Simple Interest - Quantitative Aptitude - Arithmetic Ability

Exam Prep: AIEEE , Bank Exams , CAT , GATE

Job Role: Bank Clerk , Bank PO

Please mark me as a brainliest

Similar questions