Math, asked by edha82, 4 months ago

If Interest calculated quarterly then time is multiplied by_ and rate% divided by _

Answers

Answered by brundag

0

Step-by-step explanation:

You can use the same interest rate calculation concept with other time periods:

For a daily interest rate, divide the annual rate by 360 (or 365, depending on your bank).
For a quarterly rate, divide the annual rate by four.
For a weekly rate, divide the annual rate by 52.

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