Accountancy, asked by netra190390, 6 months ago

whats is redusing rate of interest​

Answers

Answered by Itzalien19
10

A reducing rate (also known as a reducing balance rate), as the term suggests, is an interest rate that is calculated every month on the outstanding loan amount. Each time you make a repayment on the loan, the interest rate will decrease.

Answered by abhishek3750
1

Answer:

the mein reason of reduci ng date of internet is free time and very few work for peroson avilable

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