*What should be the interest rate and duration for principal Rs. 500 for 1 year at 12% compounded quarterly ?* 1️⃣ R = 12% N = 1 year2️⃣ R = 6% N = 23️⃣ R = 3% N = 44️⃣ R = 6% N= 4 year About the author Emery
Answer: 1 : 6000 2 :6000 3 : 6000 4 : 12000 Step-by-step explanation: 1 : P×R × T… 500×12×1.. 6000…. 2 : P×R×T… 500×6×2… 6000…. 3 : P×R×T… 500×3×4… 6000… 4 :P×R×T…. 500×6×4… 12000… Formula to find simple interest is (P× R ×T).. Pls mark me as a brainlist Reply
Answer:
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Step-by-step explanation:
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Answer:
1 : 6000
2 :6000
3 : 6000
4 : 12000
Step-by-step explanation:
1 : P×R × T…
500×12×1..
6000….
2 : P×R×T…
500×6×2…
6000….
3 : P×R×T…
500×3×4…
6000…
4 :P×R×T….
500×6×4…
12000…
Formula to find simple interest is (P× R ×T)..
Pls mark me as a brainlist