Discussions
Select Date
Tags:
Ayush Xecutor Bhalotia

· started a discussion

· 1 Months ago

ERR.

Question:

A person deposits Rs.16000 in the beginning of a year in a bank. If the bank pays the interest at a rate of 5% per annum compounded annually then how much money will be in his account after 3 years?

Options:
A)

Rs.52962

B)

Rs.18522

C)

Rs.52692

D)

Rs.17522

Solution:

Ans: (a)

  

All Rights Reserved Top Rankers