Multiple choice questions: In annuity calculations, the interest … - Vidyadip

MCQ

Multiple choice questions:
In annuity calculations, the interest is usually taken as_____.

A
simple interest per annum
✓
interest compounded every year
C
interest compounded per month
D
simple interest per month

✓

Answer

Correct option: B.

interest compounded every year

interest compounded every year

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