| Q.7 | A certain sum amounts to Rs. 10580 in 2 years at 15% p.a. compounded annually. What will be the compound interest (in Rs.) of the same sum in the same time at the same rate, if the interest is compounded 8 monthly? | |
| Ans | 1. 2728 | |
| 2. 2648 | ||
| 3. 2580 | ||
| 4. 2680 |
Correct Ans Provided: 2