Question:
Find the amount when Rs.2560 is deposited in a bank for \(1\frac{2}{5}\) years at 25% p.a. compounded annually?
Find the amount when Rs.2560 is deposited in a bank for \(1\frac{2}{5}\) years at 25% p.a. compounded annually?
Updated On: Oct 19, 2024
- Rs.3200
- Rs.3520
- Rs.712
- Rs.4280
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The Correct Option is B
Solution and Explanation
The correct answer is (B): Rs.3520
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