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 Calculate Compound Interest on Rs 8000 for 9 months at 20 % per annum, compounded quartely . [ Calculator, Method and examples ]Solution:Your problem -> Calculate Compound Interest on Rs 8000 for 9 months at 20 % per annum, compounded quartely .Here P = "Rs." 8000, N = 9 months = 3 quartersR = 20 % per year = 5 % per quarterA = P (1 + R/100)^N= 8000 * (1 + 5 / 100 ) ^ 3= 8000 * ( 105 / 100 ) ^ 3= 9261:. CI = "Rs." (9261 - 8000) = "Rs." 1261.

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