. if a sum compounded quarterly and the rate is x% per annum , the is 1 year &3 months A= P(1+r%/100)n . What should be the value in place of r and n
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Answer:
r=r/4
and
n=4n
Step-by-step explanation:
because quarterly means one fourth so rate will be one fourth of the rate and time will be four times of the original time
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