Interest on a sum rs.30 at 9% per annum for 3 months
Answers
Answered by
18
Answer:
Simple Interest Formula
Divide an annual rate by 12 to get (r) if the Period is a month. You'll often find the formula written using an annual interest rate where the number of periods is specified in years or a fraction of a year.
Answered by
31
Answer:
Simple Interest Formula
Divide an annual rate by 12 to get (r) if the Period is a month. You'll often find the formula written using an annual interest rate where the number of periods is specified in years or a fraction of a year.
Similar questions