Mathematics for FinancePYQ Sep 24Question 1267 of 422
All Questions

The compound interest on $40,000$ at $12\%$ per annum compounded quarterly for $6$ months is:

Options

A$2,463$
B$2,643$
C$2,364$
D$2,436$
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option d$2,436$

All Options:

  • A$2,463$
  • B$2,643$
  • C$2,364$
  • D$2,436$

Key Concepts to Understand

More Questions from Mathematics for Finance

Ready to Master Mathematics for Finance?

Practice all 422 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free