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 IntetrestModerate · 45s
What is the present worth of ₹15,000 due in 2 years at 5% p.a. compounded annually?
TopicCompound Intetrest
Question Typemultiple choice
DifficultyModerate
Marking+1 / −0.25
From TestChapter Test 1 (Chapter Test)
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained — no skipped algebra.
P = 15000/(1.05)^2 = ₹13605.44.
Final Answer: Option A — ₹13605.44