Math, asked by vukeya0661264935, 10 months ago

How many years will it take for R10000 to double if it is invested at a rate of 12%, and interest is compounded every 3 months?

Answers

Answered by Anonymous
0

Answer:Simple interest: A=P(1+in)

Compound interest: A=P(1+i)n

Simple depreciation: A=P(1−in)

Compound depreciation: A=P(1−i)n

Nominal and effective annual interest rates: 1+i=(1+

i(m)

m

 

)m

Step-by-step explanation:

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