Mathematics, 18.03.2021 01:10, allytrujillo20oy0dib

You have to lend Rs. 75000 for two years for a purpose. If a finance company A lends money at 10% per annum
compounded annually and finance company B lends money
at 8% per annum compounded semi-annuallly. From which
finance company will you take the loan and why? Give your
reason with calculation.

Answers: 2

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You have to lend Rs. 75000 for two years for a purpose. If a finance company A lends money at 10% p...