Namita borrowed rupees 15000 from her bank if the rate of interest is 8% per annum compounded quarterly what is the amount he has to pay at the end of 9 month??
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Answer:
25,800
Step-by-step explanation:
Si=p*rate of interest *time/100
15000*8*9/100=10800
AMount=p+s.i=15000+10800=25800
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Hope this helps you
But I dont know if it is correct or not but I think it is correct by the way
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