SY.
(iii) Principal = 328,000; Time = 9 months;
Rate = 12% per annum; interest compounded
quarterly.
Answers
Answered by
1
Step-by-step explanation:
Time= 9 months = 9/12 = 3/4 years= 3/4*4 = 4 years
Rate = 12%=12/4=3
A = P(1+r/100)^2
A=328000(1+3/100)^2
A = 328000×103/100×103/100
A=328×103×103/10
A= 3479752/10
A=347975.2
Answered by
0
Answer:
347975.2
Step-by-step explanation:
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