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Time value of money

The difference between compound interest, compounded semi annually and simple interest on Rs.400 at 10% p.a. for one year


Mirjavalli Shaik

Mirjavalli Shaik

CA Foundation

480

02-Jan-20 04:56

19

Answers (2)

This is a simple application of compound interest formula and simple interest formula.


Suraj Lakhotia

Suraj Lakhotia

Admin

02-Jan-20 11:03

1 is the answer


Aman Paswan

Aman Paswan

CA Foundation

270

30-Jan-20 11:48