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Time value of money

In this question 300 is not is accumulating Then why the term 10 percent ci used instead he could say 10 percent SI know

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Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

28-Oct-20 21:31

13

Answers (2)

they wanted to confuse & hence they used CI


Sriram Somayajula

Sriram Somayajula

Admin

28-Oct-20 22:03

they wanted to confuse & hence they used CI

Thank you


Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

29-Oct-20 11:19