Question

3. Trisha got a reward of ₹ 5000 for standing first in the fancy dress competition in her society. She
wished to invest the amount for the next 2 years, in the right manner to get some interest on the
money and later use it for her education. Explain, which of the following options would you suggest
her and why? Support your answer with needful calculations.
A. 10 percent annual interest rate, compounded annually.
B. 10 percent annual interest rate, compounded semi-annually.​

Answer 1

Hope it helps MY Friend▄︻┻═┳一

Answer 2

Answer:

B. 10 percent annual interest rate, compounded semi-annually