MCQOPTIONS
Saved Bookmarks
| 1. |
What will be compounded amount? I. Rs. 200 was borrowed for 192 months at 6% compounded annually. II. Rs. 200 was borrowed for 16 years at 6%. |
| A. | I alone sufficient while II alone not sufficient to answer |
| B. | II alone sufficient while I alone not sufficient to answer |
| C. | Either I or II alone sufficient to answer |
| D. | Both I and II are not sufficient to answer |
| E. | Both I and II are necessary to answer |
| Answer» D. Both I and II are not sufficient to answer | |