What is the annual fixed rate of interest on SGB investments?a. 2 percentb. 2.5 percentc. 4 percentd. 3 perce

A sum invested on simple interest  grows to Rs 22500/- and Rs 25500/- is seven and  nine years respectively. What is the rate percentage of the interest ?Question 4Answera.7.5b.9.6c.12.5d.13.5

Select the correct answerThe interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a.?

Select the correct answerThe difference between interest received by A and B is Rs. 36 on Rs. 2400 for 4 year. What is the difference in rate of interest?Options0.38%1.25%0.43%0.25%

Use the formula for continuously compounded interest, A = Pert, to find the annual interest rate for an $8000 investment that earns $410.17 in one year.

1. The rate is given as a percent (%). Before using it in the simple interest formula, you must first convert it to a______.