Accountancy, asked by naveenkumar46534bth, 10 months ago

For the firm interest on capital is :

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Answered by rahulsingh91
1

Answer:

An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is

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