44. Suppose for the principal P. rate and time T,
the simple interest is S and compound interest is
C. Consider the possibilities. (i) > S (i) -
(ii) C S Then
(a) only (i) is correct.
(b) either (i) or (ii) is correct.
(c) either (ii) or (iii) is correct.
(d) only (ii) is correct.
Answers
Answered by
2
Answer:
B) Either (i) or (ii) is correct
Step-by-step explanation:
Case 1. C>S
This is possible if interest is compounded quarterly or half-yearly.
Case 2. C=S
This is possible if interest is compounded yearly.
Case 3. C<S
It can not be true because simple interest cannot be greater than compound interest.
Hence, Option B is correct option.
Answered by
1
Answer:
(b) either (i) or(ii) is correct
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