Mr A invests Rs 10,000 in a scheme that guarantees a return of 2.2% ev

1.	Mr A invests Rs 10,000 in a scheme that guarantees a return of 2.2% every 2 months. What amount will Mr A accumulate at the end of 5 years if the interest is compounded annually?
Answer» Answer: The compound interest will be ₹6600. And the TOTAL AMOUNT will be ₹16,600. Step-by-step explanation: Hope this will help U Have a NICE day ☺️☺️☺️

Mr A invests Rs 10,000 in a scheme that guarantees a return of 2.2% every 2 months. What amount will Mr A accumulate at the end of 5 years if the interest is compounded annually?

Answer»

Answer:

The compound interest will be ₹6600.

And the TOTAL AMOUNT will be ₹16,600.

Step-by-step explanation:

Hope this will help U

Have a NICE day ☺️☺️☺️

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Mr A invests Rs 10,000 in a scheme that guarantees a return of 2.2% every 2 months. What amount will Mr A accumulate at the end of 5 years if the interest is compounded annually?​

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Mr A invests Rs 10,000 in a scheme that guarantees a return of 2.2% every 2 months. What amount will Mr A accumulate at the end of 5 years if the interest is compounded annually?