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at the end of 1 year on rupees 18000 at 8°/• per annum compounded quarterly.
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Answer:
Formula A⇒p( 1 + x /n) nt
Given p=1800
r=8% annum
n=4
t=1yr
A⇒1800( 1 + 8 % /4) 4 × 1
⇒1800(1+2%)4
⇒1800(1+0.02)
⇒1948.377
∴ Amount =1948.377.
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