Question

13. For an initial deposit of Rs.19,000, a bank assures to pay the account
holder Rs. 1,200 at the end of every quarter for 5 years. If the rate of
interest be 10% p.a compounded quarterly, is it an attractive proposal ?
(a) attractive
(b) not attractive
(d) none of these
(c) can't say​

Answer 1

Answer:

its an attractive proposal