If a bank pays 6% interest compounded quarterly what equal deposit have to be made at the end of the each quarter for 3 years if you want to have ₹…
CA Foundation · Quantitative Aptitude · MTP · January 2025
If a bank pays 6% interest compounded quarterly what equal deposit have to be made at the end of the each quarter for 3 years if you want to have ₹ 1500 at the end of 3 years?
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. ₹ 150.50
Topics: Part-A: Business Mathematics
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