1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vichka [17]
3 years ago
10

manu took a loan of Rs 5000 for one year at 12%per annum compounded quarterly .How much he has to pay after one year.​

Mathematics
1 answer:
Shkiper50 [21]3 years ago
5 0

Answer:

Amount pay after one year for compounded quarterly = Rs 5627.54

Step-by-step explanation:

Given as,

Manu took loan of Rs 5000 , So, Principal = Rs 5000

The rate of interest applied = 12% per annum compounded quarterly

The loan took for period of year = one

Now from the compounded method :

For compounded quarterly

Amount = principal (1 + \frac{Rate}{4\times 100})^{4\times Time}

Or, Amount = Rs 5000 (1+ \frac{12}{4\times 100})^{4}

Or, Amount = 5000 (\frac{103}{100})^{4}

Or, Amount = 5000 × 1.1255

∴ Amount = Rs 5627.54

Hence , The amount which Manu pay after one year at 12% per annum compounded quarterly is Rs 5627.54  Answer

You might be interested in
0.08 is 10 times grater than
solong [7]
Subtract the minimum data value from the maximum data value to find the data range,so in this case yur data range is 

10 - 0.08 = 9.92
so yur answer is 9.92
4 0
2 years ago
HELPPPPP IF U HAVE DONE THIS ASSIGNMENT B4
lianna [129]

Answer:

hope this will help you......

7 0
2 years ago
Read 2 more answers
Marisa has 37 jelly beans. She eats some and has 16 left. How many jelly beans did she eat?
tiny-mole [99]
She ate 21 jelly beans
7 0
3 years ago
7. Identify the reason for each step in the solution.
Alik [6]

Answer:

Distribution is used from steps 1-2

They eliminate 2x by subtracting it on both sides (steps 3-4)

They eliminated 6 by subtracting it from both sides (steps 5-6)

(steps 3-6 is eliminating like-terms)

Thus this leaves the answer being x=-3

Step-by-step explanation:

4 0
3 years ago
Can you conclude that this parallelogram is a rectangle? Explain.
irinina [24]
No. If no right angle exists, then it's not a rectangle.
8 0
3 years ago
Other questions:
  • Solve for this equation x/-6 (x over negative 6) = 11
    13·1 answer
  • Use grouping symbols, exponents, and symbols for addition, subtraction, multiplication, and division with the digits 1,9,8 and 7
    7·1 answer
  • A bird drops a nut from a height of 441 feet. Its height, h, in feet is given by the equation h=-16t^2=441 where t is the time i
    6·1 answer
  • Quick anyone know the answer to this?
    13·1 answer
  • What is the measure of the inscribed angle ABC if the measure of the arc, which this angle intercepts is:
    5·1 answer
  • In slope-intercept form, what is the equation of the line passing through the points (3, 17) and (7, 25)?
    13·2 answers
  • 2a + 3b = 5<br> b = a - 5
    10·1 answer
  • Write a system of equations that can be solved to find the number of packets of strawberry wafers and the number of packets of c
    10·1 answer
  • PLS HELP THIS IS A TEST HELP HELP HELP HELP HELP HELP ME PLSSSS
    6·1 answer
  • Answer the question below.
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!