shriyabhat2004 shriyabhat2004

30-05-2024
Mathematics

Answered

Q1. Radheshyam wants to borrow money for buying a motorcycle. His bank charges 8% per annum
interest compounded semi-annually. A neighborhood money lender charges 7.9% per annum interest
compounded monthly. In which case will he pay the lesser amount of interest?

Answer :

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