Solved IB Security Assistant Question
A solved IB Security Assistant PYQ - decoded step-by-step.
Solve it the standard way once - then learn the shortcut.
Q · Compound IntetrestDifficult · 45s
Find the amount of ₹18,000 at 8% p.a. for 2 years 6 months when compounded annually.
TopicCompound Intetrest
Question Typemultiple choice
DifficultyDifficult
Marking+1 / −0.25
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained - no skipped algebra.
A = 18000×(1.08)^2×(1+0.08×0.5) = ₹21835.01.
Final Answer: Option C - ₹21835.01