Question

Which of the following is more profitable for a one-year deposit ?

a)SI of 10%
b)CI of 10% compounded annually
c)CI of 10% compounded half yearly
d)SI of 11%​

Answer 1

Usually, one can invest in FD for minimum period of 7 days and for a maximum of 10 years.

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Answer 2

Answer:

D. SI of 11%

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