How much approximate amount should you save annually to accumulate ₹ 20,00,000 by the end of 12 years, if the saving earns an interest of 14 percent…
CA Foundation · Quantitative Aptitude · PYQS · May 2025
How much approximate amount should you save annually to accumulate ₹ 20,00,000 by the end of 12 years, if the saving earns an interest of 14 percent compound annually? [Given that (1.14) 12 = 4.8179]
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. ₹ 73,339
Topics: Part-A: Business Mathematics
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