Question
Which of the following process best describes that the
future value of an amount is much more than the sum of the principal and the annual rate of interest?Solution
Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. An interest is added on the initial investment (principal amount), this interest is the compound interest. Since the amount would be added to the initial investment and the new interest is calculated on this amount, the investment will continue to grow as this process would be consistent all throughout the investment period.
What led to the origination of the wells?
What international factors point to a positive projection of India's GDP growth acceleration?
Replace the word against number 26 with the correct option from the given options below:
In the context of the passage, which of the following statements mentioned below holds true with respect to ‘ Sustainable development’
...What should be banks be good at accessing?
Can we infer from this passage that it is possible to resolve the issue of stressed assets?
Choose the word which is most nearly the same in meaning to the word ‘perennial’ as used in the passage.
Which of the following words seems most nearly the same in meaning to the word 'ideate' as used in the passage above ?
Choose the word which is most nearly the same in meaning to the word ‘prerogative’ as used in the passage .
Which of the following statements is correct, according to the passage?
