sudershan deposited rupees 32000 in a bank , where the interest is credited quarterly if the rate of interest - Maths - Introduction to Graphs

Question

sudershan deposited rupees 32000 in a bank , where the interest
is credited quarterly if the rate of interest be 5% per annum, what
amount will he receive after 6 months

Baibhav Raj · Answer

32,000/5=6400
6400=5% for 1 year
for five year = 6400*5=30,900
30,900+32,000=62,900
So he will get Rs 62,900 after 5year

sudershan deposited rupees 32000 in a bank , where the interest is credited quarterly. if the rate of interest be 5% per annum, what amount will he receive after 6 months