*What should be the interest rate and duration for principal Rs. 500 f

1.	What should be the interest rate and duration for principal Rs. 500 for 1 year at 12% compounded quarterly ?1️⃣ R = 12% N = 1 year2️⃣ R = 6% N = 23️⃣ R = 3% N = 44️⃣ R = 6% N= 4
Answer» ANSWER: option 1 Step-by-step explanation: option 1 do this QUESTION by this FORMULA (p×r×t) / 100

What should be the interest rate and duration for principal Rs. 500 for 1 year at 12% compounded quarterly ?1️⃣ R = 12% N = 1 year2️⃣ R = 6% N = 23️⃣ R = 3% N = 44️⃣ R = 6% N= 4

Answer»

ANSWER:

option 1

Step-by-step explanation:

option 1 do this QUESTION by this FORMULA

(p×r×t) / 100

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*What should be the interest rate and duration for principal Rs. 500 for 1 year at 12% compounded quarterly ?*1️⃣ R = 12% N = 1 year2️⃣ R = 6% N = 23️⃣ R = 3% N = 44️⃣ R = 6% N= 4​

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What should be the interest rate and duration for principal Rs. 500 for 1 year at 12% compounded quarterly ?1️⃣ R = 12% N = 1 year2️⃣ R = 6% N = 23️⃣ R = 3% N = 44️⃣ R = 6% N= 4