Math, asked by seemapal939, 9 days ago

what will be the compound interest on a sum of 31250 for 2 years at 12% p.a,if the interest is compounded 8 monthly

Answers

Answered by stulakshmi539

0

Step-by-step explanation:

Rate interest for 12 months = 12%

Rate interest for 8 months = 8%

Total time = 24 months

= 3 × 8 months

P + Compound Interest

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