Join Examsbook
775 0

Q:

What is compound interest on a sum of Rs. 37,500 for $$ {1{1\over 3}}$$ years at a rate of 12 % per year. If the interest is compounded 8 monthly?

  • 1
    Rs.6, 420
  • 2
    Rs.6, 448
  • 3
    Rs.6, 240
  • 4
    Rs.6, 440
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs.6, 240"

Are you sure

  Report Error

Please Enter Message
Error Reported Successfully