Find the compound interest on $50,000 with a 12% rate compounded quarterly for 6 months.

a. 2845
b. 3245
c. 3045
d. 3445

Explanation: The compound interest calculation yields $3045.

Occurrence: PPSC - Lecturer English (Male) 9 Jun 2024 - Higher Education Department - 2024

Find the compound interest on $50,000 with a 12% rate compounded quarterly for 6 months. | . 3045 | CSS, PMS, PPSC, FPSC, KPPSC, SPSC, ISSB and NTS Past Papers | Pakistan's Largest Online Past Papers Database

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