Question

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.

Answer 1

Explanation:

19,00,000 is the correct answer of the question

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Answer 2

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