Two different mutual fund companies declare fixed annual rate of interest on the amounts invested with them by investors. The rate of interest offered by these companies may differ from year to year depending 011 the variation in the economy of the country and the banks’ rate of interest, The annual rate of interest offered by the two companies X and Y are given.
Year | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
X | 6.8 | 7.4 | 7.2 | 7.3 | 8.2 | 8.3 | 8.6 |
Y | 7.2 | 6.9 | 7.3 | 7.1 | 7.8 | 8 | 8.2 |
Select one correct option: