Calculate the total amount received after 5 years if yearly Rs. 200 is being invested and the rate of interest is 6% annually compounded
A. Rs. 1000
B. Rs. 1200
C. Rs. 1500
D. Rs. 1127.42
Answer:D
Calculate the total amount received after 5 years if yearly Rs. 200 is being invested and the rate of interest is 6% annually compounded
A. Rs. 1000 B. Rs. 1200 C. Rs. 1500 D. Rs. 1127.42