Find the compound interest on ₹16000 for 9 months at the rate of 20/

1.	Find the compound interest on ₹16000 for 9 months at the rate of 20/per annum compounded quarterly
Answer» QUESTION ⤵️ find the COMPOUND INTEREST on ₹16000 for 9 months at the rate of 20/per annum compounded quarterly. Answer ⤵️ Rate = 20% per annum = 5% per quarter. Amount = Rs. [16000 x (1+(5/100))3] = Rs. 18522. Hope it helps you ✌️ Step-by-step explanation: please make me BRAINLIEST

Find the compound interest on ₹16000 for 9 months at the rate of 20/per annum compounded quarterly

Answer»

find the COMPOUND INTEREST on ₹16000 for 9 months at the rate of 20/per annum compounded quarterly.

Rate = 20% per annum = 5% per quarter. Amount = Rs. [16000 x (1+(5/100))3] = Rs. 18522.

Step-by-step explanation:

please make me BRAINLIEST