How much interest will Tk 10,000 earn in 9 month at an annual rate of 6%?

How much interest will Tk 10,000 earn in 9 month at an annual rate of 6%? ?

Created: 3 days ago | Updated: 3 days ago | Created By:

Imran Ahmed

500

600

450

0 1

Best Answer Explained in Below-:

To calculate the interest earned on Tk. 10,000 at an annual rate of 6% for 9 months, we can use the following formula:Interest = (Principal * Rate of interest * Time) / 100Where,Principal = Tk. 10,000Rate of interest = 6%Time = 9 months (or 3/4 years)Substituting the given values in the formula, we get:Interest = (10,000 * 6 * 3/4) / 100Interest = Tk. 450Therefore, the interest earned on Tk. 10,000 at an annual rate of 6% for 9 months is Tk. 450.So the answer is 450

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