subject
Mathematics, 11.03.2020 11:12 allieeastridge

A person deposited Rs. 60,000 in bank'X' for 2 years
at 10% annual compound interest. But after one year bank has changed the policy and decided to pay semi-annual,
compound interest at the same rate. What is the percentage difference between the compound interests of the first year
and second year? Give reason with calculation.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 21:50
What is the rate for one gallon of gasoline
Answers: 3
question
Mathematics, 21.06.2019 22:00
Non-euclidean geometry was discovered when, in seeking cleaner alternatives to the fifth postulate, it was found that the negation could also be true a. true b.false
Answers: 1
question
Mathematics, 21.06.2019 22:00
Using inductive reasoning, what are the next two number in this set? 2,3/2,4/3,5/4,
Answers: 1
question
Mathematics, 22.06.2019 00:30
What is the perimeter of an equilateral triangle if each side is (x+3)?
Answers: 1
You know the right answer?
A person deposited Rs. 60,000 in bank'X' for 2 years
at 10% annual compound interest. But after...
Questions
Questions on the website: 13722360