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…
CA Foundation · Quantitative Aptitude · MTP · September 2024
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 (A)
A. ₹1488.40
Topics: Part-A: Business Mathematics
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