1.

Find the BD on ? 1015, payable after 3 months at 6% p.a.

Answer»

Given F = 1015, 

F=1015, t = 3/12 year, r = 6/100 = 0.06, BD = ? 

BD = Ftr = 1015 x 3/12 × 0.06 = 15.22



Discussion

No Comment Found

Related InterviewSolutions