Math, asked by krish7798, 9 months ago

Jason decides to borrow money for a holiday. If a personal loan is taken over 4 years with equal quarterly repayments at 12% p.a. flat rate (simple interest), calculate the effective rate of interest.

A) 22,588 B) 32.588 C) 42.588 D) 43.588

Answers

Answered by santhuthota0210

0

Answer:

The answer is A)22,588

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