Question

e) Reema wants to do a one-year deposit. She should opt for-
(i) a simple interest of 10%
(ii) a compound interest of 10% compounded quarterly
(iii) a compound interest of 10% compounded annually
(iv) a compound interest of 10% compounded half-yearly
Here, what is the full form of opt?​

Answer 1

1ST OF ALL SHE SHOULD CHOOSE 2ND ONE AND HERE OPT MEANS TO CHOOSE

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