Suppose Mr. X invested ₹5000 every year starting from today in mutual fund for next 10 years. Assuming that average return compounded annually is at…

CA Foundation · Quantitative Aptitude · MTP · January 2026
Suppose Mr. X invested ₹5000 every year starting from today in mutual fund for next 10 years. Assuming that average return compounded annually is at 18% per annum. What is the future value?
(A) A. ₹1,83,677.68
(B) B. ₹1,38,678.85
(C) C. ₹1,83,776.53
(D) D. ₹1,38,774.55

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. ₹1,38,774.55

Topics: Part-A: Business Mathematics

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic