CA Foundation doubt
Someone please solve the given question
Asked by Abhinav10 Sept 2024366 views
1 answer
Nilkamal · 10 Sept 2024
Rate=11% quarterly = 4 Formula=[ P(1+i)n-1] 11÷4÷100= 0.00275 (1+0.00275)4-1 = 0.1146×100 = 11.46% near value 11.49%
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