Math, asked by anirmalkar021, 6 months ago

if in fixed deposit the interest is calculated quarterly, then rate of interest per annum will be

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Answered by godaravivek8

Answer:

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Answered by aarushchoudhary59

Step-by-step explanation:

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It is calculated by multiplying the principal, rate of interest and the time period. The formula for Simple Interest (SI) is “principal x rate of interest x time period divided by 100” or (P x Rx T/100)

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if in fixed deposit the interest is calculated quarterly, then rate of interest per annum will be ​

Answers

if in fixed deposit the interest is calculated quarterly, then rate of interest per annum will be