Question

principal =15625,rate 16%,time 9month compound quarterly​

Answer 1

hello ♥️

According to the question,

P = Rs. 15625, r = 16% per annum = 16%/4 per quarter = 4% per quarter

n = 9 months = 3 quarters

Amount = P(1 + r/100)n = 15625(1 + 4/100)3 = Rs. 17576

Interest = A - P = 17576 - 15625 = Rs. 1951

hope it helps ♥️

Answer 2

Answer:

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