ECONOMICS (CBSE/UGC NET)

ECONOMICS

COMPOUND INTEREST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Find the rate compounded annually if 45, 000 is the present value of 75, 000 due in 5 years?
A
0.1075%
B
0.1076%
C
10.76%
D
10.75%
Explanation: 
There is 1 question to complete.