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Time value of money
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` 100 will become after 20 years at 5% p.a compound interest of (a) ` 250 (b) ` 205 (c) ` 165.33 (d) none of these Is the value of n is 20
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CA Suraj Lakhotia Admin
Yes.
If A = ` 1,000, n = 2 years, R = 6% p.a compound interest payable half-yearly, then principal (P) is (a) ` 888.50 (b) ` 885 (c) 800 (d) none of these Say where did I do wrong
Thread Starter
Prasanth kumar KamisettyIf A = ` 1,000, n = 2 years, R = 6% p.a compound interest payable half-yearly, then principal (P) is (a) ` 888.50 (b) ` 885 (c) 800 (d) none of these Say where did I do wrong
A = 1000 n = 4 (4 half years in 2 years) r=3% per half year
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