PDF chapter test TRY NOW

Say True or False:
 
1. The time taken for \(₹1000\) to become \(₹1331\) at \(20\%\) p.a, compounded annually is \(3\) years.
 
2. The compound interest on \(₹16000\) for \(9\) months at \(20\%\) p.a, compounded quarterly is \(₹2522\).