Principle amount = Rs. 29000

Interest = Rs. 10440

Let rate of interest = r%

=> So, time = r years

According to the question,

10440 = 29000 x r x r/100

290 x r x r = 10440

r x r = 1044/29 = 36

r = 6

Hence, the rate of interest = 6% and time = 6 yrs.

The grace period is in which time period students are not to be worried to repay the loans in that period.

Interest earned in scheme M =   

P1 + 201002 - 1 = 11P25

Interest earned in scheme N =  

P x k x 2100 = Pk50

Now, from the given data,

11P25 = 2 x Pk50

k = 11

6 months after graduating or quitting school when you have to start paying back the loans.

A grace period is one term that’s provided for student loans that allow you to delay payments up to a certain length of time, without penalty. During a grace period no late charges would apply, and the loan would not risk falling into default for missed payments. The grace period allows you time to find financial stability prior to having to make payments on your student loans.

Many students use student loans to help pay for their college expenses, including tuition, books, room and board, and other living expenses. Students are expected to repay these loans when they graduate.

The third and longest period of prenatal development, extending from the ninth week until birth is Fetal period.

The process of prenatal development occurs in three main stages. The first two weeks after conception are known as the germinal stage, the third through the eighth week are known as the embryonic period, and the time from the ninth week until birth is known as the fetal period.

The shortest gestation period known is 12 to 13 days, shared by three marsupials: the American or Virginian opossum (Didelphis marsupialis); the rare water opossum, or yapok (Chironectes minimus) of central and northern South America; and the eastern native cat (Dasyurus viverrinus) of Australia.

Gestation is the period of time between fertilization and birth in oviparous animals.

The elephant has the longest gestation period of about 23 months of any land animal.

National Hockey League game is divide into 3 Periods each of 20 minutes. During the regular season, if the game ends in a tie, a 5 minute, sudden death overtime is played. In the playoffs, the overtime is 20 minutes long.