1.

What is the total compound interest earned at the end of three years? I. Simple interest earned on that amount at the same rate and for the same period is $ 4500. II. The rate of interest is 10 p.c.p.a. III. Compound interest for three years is more than the simple interest for that period by $ 465.

A. OnlyI and II
B. Only II and III
C. Only I and III
D. Anyone of the three
E. Either II or III only.
Answer» E. Either II or III only.


Discussion

No Comment Found

Related MCQs