Friends , if question says : we have to settle payment of 10000 USD $
"Pay in 3 months @ rate of interest 10%" (per annum is not mentioned)
can we assume it as 10% for 3 months?
Friends , if question says : we have to settle payment of 10000 USD $
"Pay in 3 months @ rate of interest 10%" (per annum is not mentioned)
can we assume it as 10% for 3 months?