Question:

Select the conditions required for computing interest on drawings using average period method:
A. Equal amount of drawings
B. Fixed interval of drawings
C. Varying amounts of drawings
D. Different interval of drawings
E. Rate of Interest
Choose the correct answer from the options given below:

Updated On: Apr 19, 2024
  • A, D and E only
  • A, C and B only
  • A, C and D only
  • A, B and E only
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The Correct Option is D

Solution and Explanation

The correct option is (D):A, B and E only
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