Future value of Rs.1,355/- invested @ 8% p.a. for 5 years is:
segregation
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Answer:
1897
Explanation:
SI= PRT/100
Where, P = principal amount
R= rate of interest and T= time
so, SI = 1355×8×5/100
= 542
Hence, A = P+ SI= 1355+542=1897
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