Mathematics · Compound Interest
A principal P becomes Q in 2 years when interest R% per annum is compounded half-yearly. The same principal P becomes Q in 2 years when interest S% per annum is compounded annually. Which of the following is true?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None of these
- 2R < S✓
- 3R = S
- 4R > S
Correct answer
R < S
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