If a deposit is offering 10% compounded over 4 years, find the effective of simple interest. 

Asked by Cl_narayan | 26th Nov, 2019, 05:16: PM

Expert Answer:

A deposit is offering 10% compounded over 4 years, then the effective of simple interest will be calculated as follows

Answered by Arun | 27th Nov, 2019, 02:01: PM