Mathematics, 05.03.2021 19:30 hawaiisports8976
Mrs. Beena wants to invest an amount of ₹ 1,00,000 for her daughter’s educational purpose. She approached two banks which offer different rate of interest as follows:
Which bank will give her a better amount after 2 years?
Bank ABank B
Rate of 25 % compounded annuallyRate 20% compounded half-yearly
Answers: 1
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Mrs. Beena wants to invest an amount of ₹ 1,00,000 for her daughter’s educational purpose. She appro...
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