If you plan to save Rs. 5,000 with a bank at an interest rate of 8%, what will be the worth of your amount after 4 years if interest is compounded annually?
Tap an option to check your answer.
✅ Correct answer: D. Rs. 6,802
Option A : Rs. 5,400
Option B : Rs. 5,900
Option C : Rs. 6,600
Option D : Rs. 6,802
Option E :
Correct Answer : Rs. 6,802
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