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Posted By: Merin Kuriachan       Member Level: Diamond       Posted Date: 23 Jun 2007       Category: Aptitude Test

What is the difference between the compound interests on Rs. 5000 for 1.5 years at 4% per annum compounded yearly and half-yearly ?



Select Answer:

Rs. 2.04
Rs. 3.06
Rs. 4.80
Rs. 8.30




      
Your Test Score: 0 / 0



Next Question: Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit ?
Previous Question: The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is :
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