Question

Anil look a loan of Rs. 60,000 from a bank. If the rate of interest is 12% per annum, find
the difference in amounts he would be paying after 1-1/2% years, if the interest

(i) compounded annually (ii) compounded half-yearly (iii) compounded quarterly.​

Answer 1

• Step-by-step explanation:
• Proportion says that two ratios (or fractions) are equal. Example: 1/3 = 2/6. See: Equivalent Fractions. Proportions.