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Find the ratio of the compound interest received on a certain principal, if parked for 4 years at 12% p.a. rate of interest, compounded half yearly to the simple interest that can be received if the same sum is invested for 6 years at 9% per annuma)0.95b)1.0c)1.05d)1.1Correct answer is option 'D'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared
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Find the ratio of the compound interest received on a certain principal, if parked for 4 years at 12% p.a. rate of interest, compounded half yearly to the simple interest that can be received if the same sum is invested for 6 years at 9% per annuma)0.95b)1.0c)1.05d)1.1Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Find the ratio of the compound interest received on a certain principal, if parked for 4 years at 12% p.a. rate of interest, compounded half yearly to the simple interest that can be received if the same sum is invested for 6 years at 9% per annuma)0.95b)1.0c)1.05d)1.1Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Find the ratio of the compound interest received on a certain principal, if parked for 4 years at 12% p.a. rate of interest, compounded half yearly to the simple interest that can be received if the same sum is invested for 6 years at 9% per annuma)0.95b)1.0c)1.05d)1.1Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
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