Question

pooja took a loan of 15000for her studies from a bank at the rate of 10 per annum compounded quarterly find the amount paid by her after 2year​

Answer 1

Answer:

p=15000

R=10

T=n=2

p(1+r/100)

15000(1+5/100)

15000(1+1/20)

15000×21/20×21/20

75×21×21/2

75×441/2

33075/2

1657.5

Answer 2

p=15000

r= 10% p.a

n= 2 year

p (1+10/100)

p( 10/100)

15000 ( 1/10)

15000 (11/10)

1500×11/10×11/10

18150