Question

what is the compound interest on ₹4000 for 9 months at 6%p.a, if the interest is calculated quarterly ​

Answer 1

Answer:

here is the answer

Step-by-step explanation:

PRINCIPAL = ₹ 4,000

RATE OF INTEREST = 6%

TIME = 9 MONTHS, 9/12 = 3/4

S.I = P×R×T/100

S.I = 4,000 × 6 × 3 /100×4

S.I = 60 × 3

S.I = ₹180

IF, YOU FOUND AMOUNT

SO,

AMOUNT = PRINCIPAL + SIMPLE INTEREST

AMOUNT = ₹4,000 + ₹180

AMOUNT = ₹4,180

PLEASE MARK AS BRAINLIST

Answer 2

Answer:

Step-by-step explanation:

A=P((400+R)/400)^4n

A=4000(203/200)^3

A=4182.7135

CI = 182.7135