ques-10) Find the compound interest rs 25000 for 6
months at 8% per annum when the interest of compounded
quarterly
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Answered by
6
Answer:
1010
Step-by-step explanation:
interest quarterly so rate is 1/4*8=2%
and time =1/2*4=2
amount=principle[1+R/100]^time
amount=25000[1+2/100]^2
=26010
so interest is =26010-25000=1010
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