Question

6. When the interest is compounded
annually, the maturity amounts of a fixed
deposit obtained at the end of one year
using the compound interest as well as
the simple interest are identical.
a) True
O b) False
O c) depends on interest
O d) depends on principal
Clear selection​

Answer 1

Answer:

I no jjwnvudnjiioqpoqooq

Answer 2

Answer:

false

annually, the maturity amounts of a fixed

deposit obtained at the end of one year

using the compound interest as well as

the simple interest are identical.