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Management Sciences
MEDIUM
ENGLISH
Management Sciences
If you plan to save Rs. 5,000 with a bank at an interest rate of 8%, what will be the worth of your amount after 4 years if interest is compounded annually?
A
Rs. 5,400
Option A
B
Rs. 5,900
Option B
C
Rs. 6,600
Option C
Rs. 6,802
Correct answer
Correct answer: D
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