Math, asked by saif288, 1 year ago

Rohit deposited Rs.10000 in bank for six months. If the bank pays compound interest compound interest at 12% per annum reckoned quarterly, find the amount to be received him on maturity ​

Answers

Answered by pahalsumit0001
105

Answer:

Step-by-step explanation:

P (principle) = ₹10,000

T (time) = 6 months = (6/12 * 4) = 2 quater months

R (rate) = 12% = (12/4) = 3%

A (amount) = P( 1+R/100) ^T

= ₹ 10,000 (1+3/100)^2

= ₹10,000 (103/100)^2

= ₹ 10,000 * 103/100 * 103/100

= ₹10,609

I hope it helps.

please mark as brainliest

pleaseeeee


Pranahu: lol
Answered by ArchanaSah123
46

Answer:

Step-by-step explanation:

Attachments:
Similar questions