Mathematics · Compound Interest
How much more interest will a person receive if she deposits ₹10,000 for one year at 30% per annum interest compounded every four months (tri-annually) compared to if it were compounded half-yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹0
- 2₹1500
- 3₹85✓
- 4₹90
Correct answer
₹85
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