Math, asked by vismaygowda, 5 days ago

a sum is taken for two years 16% pa if interest is compounded after every three months. the number of times for which interest is charged in 2 years is

Answers

Answered by XxPratyakshxX
3

Step-by-step explanation:

We know that, the rate of interest is considered after every three months.

In the same way, the time period for amount in a year will four times.

If amount is taken for 2 year, then

4*2=8

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