What is the sum of money will amount to 11035.50 in four yrs at compound interest for 1st ,2nd ,3rd and 4th yr being 4%, 3% ,2%and 1 % respectively .
A) rs 1000
B) rs 11 000
C) rs 1035
D) rs 11305
Answers
Answered by
0
Answer:
A=9000×(1+
100
12
)(1+
100
15
)(1+
100
20
)
A=9000×
100
112
×
100
115
×
100
120
A=
100
112×115×12×9
A=13910.40Rs
Similar questions