Question

the sum that will amount to rs17576 in 9 months at 16%interest compounded quarterly is ​

Answer 1

Answer:

19770.6 is the total amount  .

Step-by-step explanation:

principal=17576

time=9months=9/12 years

rate=16%

ci=principal*(1+(r/4)/100)to the power time/4

ci=17576*(1+4/100)to the power 9/4

ci=2147.6

the total amount will be 19770.6=17576+2147.6