What would Kshs.15000 amount to after 3years at 16% per annum compounded quarterly?

      

What would Kshs.15000 amount to after 3years at 16% per annum compounded quarterly?

  

Answers


Kavungya
No. of periods =12
r = 4% per period
A = 1.0412 x 15000
= 24015.5
Kavungya answered the question on June 19, 2019 at 09:44


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