Calculate future values in following cases
Rs 10,000 deposit in SBI for 3 years at 8
peacent rate of interest compunded quarterly
Answers
Answered by
2
Answer:
If Rs. 10,000 is deposited into SBI for 3 years at an 8 percent rate of interest, what ... If we deposit Rs 1,000 today at an annual interest rate of 10 percent, what is the compound annually at the end of 2 years? ... What will be the compound interest of Rs. 14,000 after 3 years at the same rate? ... FV, future value = (1+i)cubed/n.
Step-by-step explanation:
Similar questions