if Rs 6000 is deposit for 2 years at 4% per annum compound and compounded quarterly then find the time period and rate to compute compound interest
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time=2years=4×2=8quator
rate=1%for1 year
so,for 1/4year=4/4=1
rate=1%for1 year
so,for 1/4year=4/4=1
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