Martin invests 10,000 at 10% per annum
compounded annually in Plan A for 2 years
and the same amount at 10% per annum
compounded half yearly for 2 years in Plan B.
Which of these two plans is a better
investment?
find the compound interest on Rs 15000 at 3% for 2 years 3 months interest payable yearly
1 answer
1 answer