A sum is taken for 1 years at 10% per annum. If the interest is comp – McqOptions

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1.	A sum is taken for 1 years at 10% per annum. If the interest is compounded every 3 months, how many times will the interest be charged in 1 year?
A.	1 years
B.	6
C.	5
D.	4
Answer» C. 5

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