If ₹12000 taken for 2 years at 4% per annum compounded quarterly, then time period and rate is About the author Evelyn

Step-by-step explanation: amount = principal (1+r/100)time amount= 12000(1+4/100)2 A= 12000( 104/100 * 104/100 ) A= 12979.2 CI = amount – principal CI= 12979.2 – 12000 CI= 979.2 Reply

Step-by-step explanation:amount = principal (1+r/100)time

amount= 12000(1+4/100)2

A= 12000( 104/100 * 104/100 )

A= 12979.2

CI = amount – principal

CI= 12979.2 – 12000

CI= 979.2