Question

A public deposit of Rs.1000 is made is made in a company for a period of two years.

The company offers three options: (i) to receive interest at 12% p.a. compounded annually

or (ii) to receive interest at 11.75% p.a. compounded semi-annually or (iii) to receive

interest at 11.50% p.a. compounded quarterly. Which option should be selected?​

Answer 1

Answer:

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Answer 2

Answer:

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