If you plan to save Rs. 5,000 with a bank at an interest rate of 8%, what will be the worth of your amount after 4 years if interest is compounded annually??

Finance Mcqs

A. Rs. 5,400
B. Rs. 5,900
C. Rs. 6,600 
D. Rs. 6,802
 Read More about this Mcq

Leave a Reply

Your email address will not be published. Required fields are marked *