What will be the total amount in his account after 15 years, if ROI is 10 % per annum?

Section A (1 Mark)

Manav saves Rs. 20,000/- a year for 5 years and Rs. 30,000/- a year for 10 years thereafter.

What will be the total amount in his account after 15 years, if ROI is 10 % per annum?
A . 784823.87
B . 694823.87
C . 894823.87
D . 794823.87

View Answer

Answer: D