Mr. X bought an electronic item for ₹ 1000. What would be the future value of the same item after two years, if the value is compounded…
CA Foundation · Quantitative Aptitude · MTP · January 2025
Mr. X bought an electronic item for ₹ 1000. What would be the future value of the same item after two years, if the value is compounded semi-annually at the rate of 22% per annum ?
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. ₹ 1518.07
Topics: Part-A: Business Mathematics
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