*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 year
Answer» ANSWER: options 2 Step-by-step EXPLANATION: HI dear friend I am diksha

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 year

Answer»

ANSWER:

options 2

Step-by-step EXPLANATION:

HI dear friend I am diksha

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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 year​

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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 year