A principal becomes in 1 year when compounded half-yearly with annual rate of interest. If the same principal becomes in 1 year when compounded annually with annual rate of interest, then which one of the following is correct ?
A principal becomes in 1 year when compounded half-yearly with annual rate of interest. If the same principal becomes in 1 year when compounded annually with annual rate of interest, then which one of the following is correct ?