rahulmathur2704 rahulmathur2704

23-06-2024
Math

Answered

calculate the compound interest on Rs 20000 at 4% per annum for 9 years compounded quarterly

Answer :

pasichnikmarina10 pasichnikmarina10

23-06-2024

Answer:

The compound interest on Rs 20,000 at a 4% annual interest rate for 9 years compounded quarterly is approximately Rs 8,615.38.

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sumitsingh123kr sumitsingh123kr

23-06-2024

Answer:

Step-by-step explanation:

CI= P[(1+R/100)^T-1]

R=4

T=4T

CI=20000[(1+4/400)^36-1]

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