1.

Har Prasad saves evey year Rs. 3000, and invests it at the end of the year at 15% compound interest. Find the amount of his savings at the end of the fourth year is [3000(1+3/20)^(3)+3000(1+3/20)^(2)+3000(1+3/20)^(1)+3000] nearly.

Answer»

Har Prasad saves evey year Rs. 3000, and invests it at the end of the year at 15% compound interest. Find the amount of his savings at the end of the fourth year is [3000(1+3/20)^(3)+3000(1+3/20)^(2)+3000(1+3/20)^(1)+3000] nearly.



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