Question

write the formula for amount A on the sum of money P at R% p.a. for n years interest compounded quarterly​

Answer 1

Answer:

here is your answer

Step-by-step explanation:

in a compound interest

where A=Amount

P=principle

R=Rate of interest

N=years

but compound quarterly means i year quarter=1/4

1/4*3=3/12

so we can form an equation as

=>A=P*R*1/100*4

=p*r/400

=r=p*400