b) A sum of money is lent for 2 years at 10% p.a. compound interest. It yields Rs 8.81
more when compounded semi-annually than compounded annually. What is the sum
lent?
Answers
his discussion on A sum of money is lent for 2 years at 10% p.a. compound interest. It yields Rs 8.81 more when compounded semi-annually than compounded annually. What is the sum lent?a)1000b)1200c)1400d)1600e)None of theseCorrect answer is option 'D'. Can you explain this answer? is done on EduRev Study Group by Quant Students. The Questions and Answers of A sum of money is lent for 2 years at 10% p.a. compound interest. It yields Rs 8.81 more when compounded semi-annually than compounded annually. What is the sum lent?a)1000b)1200c)1400d)1600e)None of theseCorrect answer is option 'D'. Can you explain this answer? are solved by group of students and teacher of Quant, which is also the largest student community of Quant. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for Quant on EduRev and even discuss your questions like A sum of money is lent for 2 years at 10% p.a. compound interest. It yields Rs 8.81 more when compounded semi-annually than compounded annually. What is the sum lent?a)1000b)1200c)1400d)1600e)None of theseCorrect answer is option 'D'.