Question 15A sum is taken for two years at 16% per annum. If interest

1.	Question 15A sum is taken for two years at 16% per annum. If interest is compounded after every three months, the number of times for which interest is charged in 2 yrs is(a) 8(b) 4(c) 6(d) 9
Answer» Question 15 A sum is taken for two years at 16% per annum. If interest is compounded after every three months, the number of times for which interest is charged in 2 yrs is (a) 8 (b) 4 (c) 6 (d) 9

Question 15A sum is taken for two years at 16% per annum. If interest is compounded after every three months, the number of times for which interest is charged in 2 yrs is(a) 8(b) 4(c) 6(d) 9

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Question 15

A sum is taken for two years at 16% per annum. If interest is compounded after every three months, the number of times for which interest is charged in 2 yrs is

(a) 8

(b) 4

(c) 6

(d) 9

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Question 15A sum is taken for two years at 16% per annum. If interest is compounded after every three months, the number of times for which interest is charged in 2 yrs is(a) 8(b) 4(c) 6(d) 9

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