find the amount and the compound interest on rs 7500 compound quarterly for 9 months at the rate of 12% p.a.
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find the amount and the compound interest on rs 7500 compound quarterly for 9 months at the rate of 12% p.a.
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Answer:
A=7500[1+12/400]^3
=7500[103/100]^3
=Rs.8195.45 (approx)