Economy, asked by rknair5541, 1 year ago

How to calculate interest for 12 months with example?

Answers

Answered by Anirudh1987

Answer:

you can take 12 months as 1 annum for example the principle is 10000 ruppees and interest is 2 percent and time is 12 months you can change 12 as 1 annum so 10000 into 2/100 Into 1

Answered by pritesh92

Explanation:

you can take 12month = 1annum

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