Q7. Find the amount to be paid at the end of 1 year on Rs 1800 at 8% per annum compounded quarterlyſi.e.
after every 3 months)
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Answered by
0
Answer:
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Answered by
0
Answer:
1836
Step-by-step explanation:
p = 1800
r = 8% p.a.
t = 3 months 3 / 12 = 1/4 yrs
i = p* r* t / 100
1800* 8* 1 / 100 *4
= 36
amount = 1800 + 36
1836
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