

MCQOPTIONS
Saved Bookmarks
1. |
In what time 8,000 will amount to 9,261 at 10% per annum compound interest, when the interest is compounded half yearly ? |
A. | <table><tr><td rowspan="2">3</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2"> years</td></tr><tr><td style="text-align: center;">2</td></tr></table> |
B. | <table><tr><td rowspan="2">1</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2"> years</td></tr><tr><td style="text-align: center;">2</td></tr></table> |
C. | <table><tr><td rowspan="2">2</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2"> years</td></tr><tr><td style="text-align: center;">2</td></tr></table> |
D. | 2 years |
Answer» C. <table><tr><td rowspan="2">2</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2"> years</td></tr><tr><td style="text-align: center;">2</td></tr></table> | |