Business Studies, asked by minisureshu, 5 months ago

A man wants to invest Rs 5000/- for 4 years.He may invest the amount at 10% per annum compound interest, acruing at the end of each quarter of the year or he may invest at 10.5% per annum compound interest acruing at the end of each year which investment will give him slightly better return?​

Answers

Answered by IISweetWhimsyll
5

Explanation:

A man wants to invest Rs 5000/- for 4 years.He may invest the amount at 10% per annum compound interest, acruing at the end of each quarter of the year or he may invest at 10.5% per annum compound interest acruing at the end of each year.

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