Question

plz helpmeI need explanationplzzz answerbest answerwill be the brainliest


there s two question you can answer any of them which you know​

Answer 1

Answer:

Base amount: ₹20,000.00

Interest Rate: 8% (yearly)

Effective Annual Rate: 8.16%

Calculation period: 1 year

Interest ₹1,632.00 Total ₹21,632.00

Base amount: ₹2,000.00

Interest Rate: 16% (yearly)

Effective Annual Rate: 16.99%

Calculation period: 0.5 years

Interest ₹1,632.00 Total ₹21,632.00

Answer 2

Answer:

hope above attachment will help u❣️