Math, asked by prathamesh3584, 1 month ago

Rekha deposited Rs 16000 in a foreign bank which pays interest at the rate of 20% per annum compounded quarterly, find the interest received by Rekha after 1 year.

Answers

Answered by josmi211

1

Answer:

20 % p. a. Thus, the interest received by Rekha after one year is Rs 3, 448.10.

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