Mathematics · Compound Interest
What will be the compound interest on ₹16,000 at 20% per annum for 9 months if the interest is compounded quarterly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹2,525
- 2₹2,252
- 3₹2,522✓
- 4₹2,225
Correct answer
₹2,522
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