Math, asked by wwwrajivjaiswap8k405, 1 year ago

P =100000 compounded quarterly

T= 9 months
R = 4% p.a.
Find amount and COMPOUND INTEREST

Answers

Answered by sanjivkumar717p721mf

5

time quarterly so n = 9/3= 3 rate = 4/4= 1%
amount=p×(100+r/100)^n= (101/100)³×100000= ₹103030.1
ci= 103030.1-100000= ₹3030.1

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