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