Multiple Choice Questions

The sum receivable after 5years at 10 interest p a if Rs 5 000 is invested every year will be n...........

Finance (RBI) Others

The sum receivable after 5years at 10%interest p.a. if Rs.5,000 is invested every year will be:

30,526 (approx.)

20,533 (approx.)

25,553 (approx.)

29,545 (approx.)

28,526 (approx.)

FV= 5,000 [ (1+10/100)⁵-1 ] = 5000 (X) 6.1051 = Rs.30,526 (approx.)

10/100

Submit Error

Want Exam specific Multiple Choice Questions on international Institutions and HQs Choose below

Explore Subject Wise Multiple Choice Questions