Madhu deposits ₹ 100 in a Bank at the beginning of every year for 20 years at 10% interest rate compounded annually, how much would she earn after…
CA Foundation · Quantitative Aptitude · PYQS · January 2025
Madhu deposits ₹ 100 in a Bank at the beginning of every year for 20 years at 10% interest rate compounded annually, how much would she earn after 20 years? [Given that (1.1) 20 = 6.7275]
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. ₹ 6,500.45
Topics: Part-A: Business Mathematics
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