Find the amount and the compound interest on rs 10000 at 6 percent p.a. for 6 months compounded quarterly

Question

Find the amount and the compound interest on rs 10000 at 6 percent p.a. for 6 months compounded quarterly

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Raelynn 1 week 2021-09-10T15:49:06+00:00 1 Answer 0 views 0

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    2021-09-10T15:50:21+00:00

    Answer:

    A=P(1+R/200)^n*2

    Step-by-step explanation:

    A=10000(1+6/200)1/2*2

    A=10000*206/200

    A=100*103

    A=10300

    Compound interest

    => 10300-10000

    103 (Ans)

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