Questions:
What will be the compound interest (nearest to ₹1) on a sum of ₹25,000 for 2 years at 12% p.a., if the interest is compounded 8-monthly ?
Options :
- ₹6,394
- ₹6,439
- ₹6,493
- ₹6,349
correct answer: c)
Questions:
What will be the compound interest (nearest to ₹1) on a sum of ₹25,000 for 2 years at 12% p.a., if the interest is compounded 8-monthly ?
Options :
correct answer: c)