6. A=1000
T=2years
R=5°/•
I=₹100
A=₹1100
7. If the rate of interest is annual and the interest is compounded quarterly (i.e., 3 months or, 4 times in a year) then the number of years (n) is 4 times.
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6. A=1000
T=2years
R=5°/•
I=₹100
A=₹1100
7. If the rate of interest is annual and the interest is compounded quarterly (i.e., 3 months or, 4 times in a year) then the number of years (n) is 4 times.