₹ 800 is invested at the end of each month in account paying interest 6% per year compounded monthly. What is the future value of annuity after 10…

CA Foundation · Quantitative Aptitude · MTP · September 2025
₹ 800 is invested at the end of each month in account paying interest 6% per year compounded monthly. What is the future value of annuity after 10 th payment ? [Given that (1.005) 10 = 1.0511]
(A) A. ₹ 4444
(B) B. ₹ 8766
(C) C. ₹ 3491
(D) D. ₹ 8176

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. ₹ 8176

Topics: Part-A: Business Mathematics

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