Mathematics · Compound Interest
What is the compound interest on ₹20,000 for 9 months at the rate of 4% per annum, when interest is compounded quarterly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹605.00
- 2₹609.06✓
- 3₹606.02
- 4₹610.00
Correct answer
₹609.06
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