Question

12. Which will earn more interest and how much?

1) ₹ 6000 lent at 12% p.a. compounded
annually for 3/2 years.

2) ₹ 6000 lent at 12% p.a. compounded half yearly for 3/2 years ​

Answer 1

Answer:

option 2

Step-by-step explanation:

Rs. 6000 lent at 12%p.a. compounded half yearly for 3/2 years