a principal of rs 6120 becomes rs 8330 in 2 years when compounded ann | Examsbook

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1985 0

Q:
A principal of Rs. 6120 becomes Rs. 8330 in 2 years when compounded annually at some rate of interest. How much will be the amount if the same principal was compounded half-yearly?

1
Rs. 8430
2
Rs. 8500
3
Rs. 8300
4
Rs. 8750
5
None of these

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Answer : 1. "Rs. 8430"

Maths Compound interest questions

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