What annual rate was paid if tk. 50,000 earned tk. 3,000 in interest in two years ?
3%
6%
9%
12%
Description (বিবরণ) :
প্রশ্ন: What annual rate was paid if tk. 50,000 earned tk. 3,000 in interest in two years ?
ব্যাখ্যা: What annual rate was paid if tk. 50,000 earned tk. 3,000 in interest in two years ? Rate of interest = I/(Pxn) = 3000/(50,000x2) = 3%