Mr. D invested `12,000 in bank at the rate of 5% Compound Interest per annum, compounded (i)

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● Mr. D invested `12,000 in bank at the rate of 5% Compound Interest per annum, compounded

(i) bi-annually, (ii) quarterly. How much he will receive after 4 years?

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Financial Management

ISBN: 9789352605606

1st Edition

Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana

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