Which of the following schemes of computing interest yields the maximum interest for a year? - Study24x7
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Which of the following schemes of computing interest yields the maximum interest for a year?

A

Interest compounded every year at 24%. p.a.

B

Interest compounded monthly at 2% per month.

C

Interest compounded per quarter 6% per quarter

D

Interest compounded every six months at 12% for every-6 months

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