A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?
A. Rs. 565.25
B. Rs. 635
C. Rs. 662.02
D. Rs. 666.50
Answer:C
A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?
A. Rs. 565.25 B. Rs. 635 C. Rs. 662.02 D. Rs. 666.50