If the final amount received is 1938.84 for a deposit made for 6 years. What will be the principal amount? The annual interest rate is 4.3% compounded quarterly
A. Rs. 1200
B. Rs. 1000
C. Rs. 1600
D. Rs. 1500
Answer:D
If the final amount received is 1938.84 for a deposit made for 6 years. What will be the principal amount? The annual interest rate is 4.3% compounded quarterly
A. Rs. 1200 B. Rs. 1000 C. Rs. 1600 D. Rs. 1500