Question
Q An investor deposits Rs 100 in a bank account for 5 years at 8 per cent interest. Find out the amount which he will
Q An investor deposits Rs 100 in a bank account for 5 years at 8 per cent interest. Find out the amount which he will have in his account if interest is compounded
(a) Annually
(b) Semi-annually (6-monthly),
(c) Quarterly and
(d) Continuously.
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
