Q:

A) 3.6 | B) 6 |

C) 18 | D) Cannot be determined |

Answer: B) 6

Explanation:

Explanation:

**Explanation:**

Let rate = R% and time = R years.

Then,

Q:

A) 4:5 | B) 5:4 |

C) 5:6 | D) can't be determined |

21
813

Q:

A) 1122 | B) 1025 |

C) 1125 | D) 625 |

Answer & Explanation
Answer: C) 1125

Explanation:

Explanation:

Total amount for two years =

Now , interest for third year =

5
1101

Q:

A) 2200 | B) 2300 |

C) 2400 | D) 2500 |

9
798

Q:

A) 1548 | B) 1348 |

C) 1648 | D) 1748 |

Answer & Explanation
Answer: C) 1648

Explanation:

Explanation:

FV1 = Future value of $2000, 1 year later

= PV (1+ i)^n

1
676