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A sum of rs. 24600 was invested for 3 years on compound intrest. the rate of intrest for the first year is 4%,for second year is 5% and for the third year is 3%.the interest is calculated quarterly. find the amount after three years.
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A sum of rs. 24600 was invested for 3 years on compound intrest. the r...
I think u should use annuity formula which will give u total interest of RS.3119.21
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A sum of rs. 24600 was invested for 3 years on compound intrest. the rate of intrest for the first year is 4%,for second year is 5% and for the third year is 3%.the interest is calculated quarterly. find the amount after three years. Related: The compound interest formula & Solution?
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A sum of rs. 24600 was invested for 3 years on compound intrest. the rate of intrest for the first year is 4%,for second year is 5% and for the third year is 3%.the interest is calculated quarterly. find the amount after three years. Related: The compound interest formula & Solution? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A sum of rs. 24600 was invested for 3 years on compound intrest. the rate of intrest for the first year is 4%,for second year is 5% and for the third year is 3%.the interest is calculated quarterly. find the amount after three years. Related: The compound interest formula & Solution? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sum of rs. 24600 was invested for 3 years on compound intrest. the rate of intrest for the first year is 4%,for second year is 5% and for the third year is 3%.the interest is calculated quarterly. find the amount after three years. Related: The compound interest formula & Solution?.
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