Answer:
(A) 7.5 %
(B) 3.75 %
(C) 2.5%
(D) 0.625 %
Step-by-step explanation:
We have given effective rate of interest r = 7.5%
(a) Annual rate of interest will be equal to 7.5 %
(B) As we know that 1 year = 12 months
And interest is compounded semiannually
1 semiannual = 6 months
So semiannual rate of interest will be equal to
%
(c) 1 quarter = 4 month
So number of period in an year = 3
So rate of interest quarterly
%
(D) Amount when amount is compounded monthly '
So number of period in an year = 12
So rate of interest
%
Answer:
1800
Step-by-step explanation:
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Answer:
11 if im right :)
Step-by-step explanation:
Well use photo math that will give u the answer and how to work it out