

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 | |