CA Foundation doubt
If A= 1000,n = 2years, R= 6•/• p.a compound interest payable half yearly principle (P) then : a) 888.50 b)885 c)800 d)none of these Send solution of this Question
Asked by LEARN2 May 2024345 views
7 answers
Kumkum · 2 May 2024
888.49 =P
Kriss · 2 May 2024
Option b
singh · 2 May 2024
View attached PDFJoyal · 2 May 2024
A=P[(1+r/m)^t*m 1000=P[(1+0.06/2)^2*2] 1000/1.1255=P 888.49=P
Rashmi · 2 May 2024
Option b
Umar · 2 May 2024
A = P(1+r%/m)^mn 1000 = P(1+3%)^4 1000= P(1.1255) P= 888.48
Deepak · 2 May 2024
Opt.A It is an ambiguous question you must learn that answer
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