Mathematics · Compound Interest
Match List I with List II regarding Compound Interest calculations: List I (Situation) (a) ₹ 10,000 for 3 years @ 10% p.a. compounded annually (b) ₹ 10,000 for 3 years @ 10% p.a. compounded half-yearly (c) ₹ 10,000 for 3 years @ 5% p.a. compounded annually (d) ₹ 10,000 for 4 years @ 5% p.a. compounded yearly List II (Compound Interest) (i) ₹ 3,310 (ii) ₹ 3,401 (iii) ₹ 1,576.25 (iv) ₹ 2,155.06 Choose the correct match from the options given below:
- 1(a) - (ii), (b) - (i), (c) - (iv), (d) - (iii)
- 2(a) - (i), (b) - (ii), (c) - (iv), (d) - (iii)
- 3(a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)✓
- 4(a) - (i), (b) - (iv), (c) - (iii), (d) - (ii)
Correct answer
(a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)
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