Mathematics, 25.10.2021 23:00, Hi1234t6
You are 25 years old now. Your father wants to deposit Rs 80000 for you so that you will withdraw all the money at age of 27 years while going to bank there were two option. they are :-
1) R=5% (compounded annually)
2) R=4.5% (compounded half yearly)
In which-scheme you will deposit - Justify your answer by calculation.
(PLEASE SOLVE IT)
Answers: 2
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You are 25 years old now. Your father wants to deposit Rs 80000 for you so that you will withdraw al...
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