Question

Rs 12,5000 for 9 months at 16 % pa compounded quarterly​

Answer 1

Answer:

Step-by-step explanation:

SOLUTION

GIVEN

as we can see

P =125000

N = 9 =9/12

R =16%

Now as per condition

we have to calculate on the basis of compounded quarterly

we get

r =R/ 4 =16/4=4

N=4 X 9/12 =3

WE KNOW

A =P$(1 +\frac{R}{100} )^{n}$

A=125000(1 +\frac{4}{100} )^{3}[/tex]

A =125000(\frac{104}{100} )^{3}[/tex]

A=125000 X 1.124864

A=140608

C.I = A - P

     =140608-125000

     =15608

Answer 2

Answer:

P = 125000

R = 16/4% = 4% ( as quarterly )

T = 9*4 = 36 months = 3 years...

Now successive rate of 4% for 3 years :------

8.16+4+(8.16*4/100) = 12.16 + 0.3264 = 12.4864%

so,

now , if want to find CI just find 12.4864 % of 125000

and if we want to find Amount either you can add CI in principal or you can directly find 112.4864% of 125000...

you didnt write what we have to find ...

Hope it helps you ..

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