1.

At the end of one year on ₹1800 at 8% per annum conpounded quartely.

Answer»

PRINCIPAL, P = Rs 1800

Rate of interest, R = 8% p.a

Time PERIOD = 1 YEAR compounded quarterly

Hence n = 4


Amount to be paid at the end of 1 year is Rs 2448.90



Discussion

No Comment Found

Related InterviewSolutions