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Subjects
Mathematics State Board
Class 8
Life Mathematics
Compound Interest and its Applications
4.
True or false II
Exercise condition:
2
m.
Say True or False
:
1
. The time taken for \(₹1000\) to become \(₹1331\) at \(20\%\) p.a, compounded annually is \(3\) years.
False
True
2
. The compound interest on \(₹16000\) for \(9\) months at \(20\%\) p.a, compounded quarterly is \(₹2522\).
True
False
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