A person deposits Rs. 2,00,000, Rs. 4,00,000, Rs. 6,00,000 and Rs. 8,00,000 in his Deposit account at the beginning of 1st, 2nd, 3rd and 4th year respectively. Determine his account balance at the end of 4th year if interest rate is 12% p.a.
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Answer:
1760000
Step-by-step explanation:
When we add all 4 years rupees, we will get 2M
So, 2,000,000 - 12%
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