Neeraj lent Rs 65536 for 2 years at 12 1/2% per annum, compounded annually. How much more could he earn if the interest were compounded half yearly
Answers
Answered by
1
Step-by-step explanation:
Hence Neeraj could earn Rs. (17985 – 17408)=Rs. 577 if the interest were compounded half-yearly instead of annually.
Similar questions