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Time value of money

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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

583

Answers (3)

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


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

02-Jan-20 11:03

1 is the answer


Aman Paswan

Aman Paswan

CA Foundation

270

30-Jan-20 11:48

No. Of conversion period will be 2 in case of semi annualy /Half yearly


Ab Devliear

Ab Devliear

CA Foundation

3K+

14-Aug-23 21:26

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