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#1
mr A. is investing rs. 1500 at the end of every year for the next three years @ 10 % per annum. how much amount will he be getting at the end of three years.

1. 5461
2. 4965
3. 4580
4. 3150
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#2
answer kya hai
or solve bhi to karke batao koi
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#3
anser to batao koi
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#4
(12-17-2014, 12:51 AM)aparna Wrote: mr A. is investing  rs. 1500 at the end of every year for the next three years @ 10 % per annum. how much amount will he be getting at the end of three years.

1. 5461
2. 4965
3. 4580
4. 3150

ans is 2. 4965
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#5
(12-17-2014, 12:51 AM)aparna Wrote: mr A. is investing  rs. 1500 at the end of every year for the next three years @ 10 % per annum. how much amount will he be getting at the end of three years.

1. 5461
2. 4965
3. 4580
4. 3150

ans. is 1. 5461
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#6
this is future value of an ordinary annuity so use this formula

C([1+r]^n -1)/r
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