Compute the amount of compound interest — task. Maths CBSE Homework Assignments, Class 8.

Calculate the compound interest on \(₹\)13243 for 1 years at the rate of 8 \(\%\) per annum when compounded quarterly.

Answer:

The compound interest \(=\) \(₹\) .

[Note: Submit the answer as a whole number.]

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3. Compute the amount of compound interest