Math, asked by honey224426, 10 months ago

The compound Interest on 2000 for
9 months at 8% per annum being
even when the rekond quarterly's
Rs.122
b. 130
c. 150
d. 1215

Answers

Answered by atharvapuri5

Answer:

The annual interest rate is restated to be the quarterly rate of i = 2% (8% per year divided by 4 three-month periods). The present value of $10,000 will grow to a future value of $10,824 (rounded) at the end of one year when the 8% annual interest rate is compounded quarterly.

Previous Question

Next Question

Similar questions

Chemistry, 4 months ago

please answer to my question:- iupac name...

English, 4 months ago

complete the wond wib in computen...

English, 4 months ago

Q.2. Rashmita had the following conversation with her sister's friend Sandhya. As Rehana is going to her badminton classes, she leaves a message for her sister, Roma. Read the conversation given below and write the message in not more than 50 words. Put the message in box. (5) Sandhya : Hello! Could I speak to Roma, please? Rashmita : I am sorry. Actually, she has forgotten her mobile here at...

English, 10 months ago

whosoever answer my question I will mark his \her as brain list.. no irrelevant answer otherwise I will report it question is write a letter to the managing director of g ram books p. for placing an order of books for class 6...

Math, 10 months ago