यदि ब्याज तिमाही संयोजित किया जाये तो 8%वार्षिक ब्याज दर के रूपांतरण क्या होगा ।
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Answer:
Concept:
Conversion of quarterly interest into annual interest
Given:
3 months interest = quarter interest
annual interest =8%
To Find:
Annual interest
Explanation:
annual interest= 4× quarterly interest
quarterly interest = × 8
= 4%
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