Question

Tsultim wants to invest 10000/_ for 1 year at compound interest to be compounded annually.But her friend Dzongmit advised her to invest the same amount for 1 year at compound interest to be compounded half yearly.

A) Determine whether Tsultim would earn more interest if she accepts Dzongmit's suggestion ornot. Explain with proper justification.

B) In case Tsultim doesn't accept Dzongmit's suggestion and invests 10000/_on Simple interest ,what will be the amount she is supposed to receive after 1 year?

C) If Tsultim invests 10000/_on 5.1 and Dzongmit invests 10000) on C.I for1 year (compounded
annually), will they earn same or different interest?Verify.​

Answer 1

Answer:

100.0000000000000000

Answer 2

Answer:

2020209392828372187372739273827374