Math, asked by Rohith200818, 8 months ago

If some amount is taken at 8% per annum for 6years compounded quarterly then rate of interest is
please help me

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Answered by saanuacharya21

Answer:

With quarterly compounding, the life of the investment is stated as n = 4 quarterly periods. The annual interest rate is restated to be the quarterly rate of i = 2% (8% per year divided by 4 three-month periods).

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If some amount is taken at 8% per annum for 6years compounded quarterly then rate of interest is please help me

Answers

If some amount is taken at 8% per annum for 6years compounded quarterly then rate of interest is
please help me