DocMCQs Educational Banner

Compound interest on 50,000 at 12% quarterly to reach 150,000?

Question: Compound interest on 50,000 at 12% quarterly to reach 150,000?
  • A. 2840
  • B. 3245 ✓
  • C. 3045
  • D. 3445
Correct Answer: B. 3245
Explanation: Correct CI calculated for given period and rate.

Related Posts

Leave a Comment

Your email address will not be published. Required fields are marked *

Join Our WhatsApp Channel ×
Scroll to Top