Question

Two banks offer compound interest on your investment while you deposit with them. Bank A calculates compound interest annually and Bank B calculates half-yearly. Which bank do you
choose to invest and why? Justify your answer with simple example.

Answer 1

Answer:

We offer cross-border M&A advisory solutions to corporates operating across the Indo-Africa corridor. The team has successfully assisted multiple Indian and African corporates with acquisitions, disposals and joint ventures in India and Africa. A strong team based in Mumbai is assisted by established corporate finance deal makers in Johannesburg, Cape Town, Nairobi, Lagos and London.

Principal Investments

We offer a unique Principal Investments (PI) funding solution in South Africa. This business works seamlessly with and spans across our Investment Banking Division. It provides us with the ability to structure, advise and fund bespoke transactions in the mezzanine or shareholder layers of the capital structure. We are able to deploy this solution in all of the major asset classes, typically by providing quasi-debt or preferred equity funding at either company or shareholder levels. We have now built this capability in the Indian market leveraging off the skills of our PI business globally.

Answer 2

Step-by-step explanation:

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