Doubt

Post the image clearly

Prasanth kumar Kamisetty

CA Foundation

★ 11K+

05-Nov-20 10:14

n=16 i=0.05 p=1000 Use future value formula to get 8th year deposit...8th year deposit is 23657...then calculate compound interest for the next 2 years(n=4 i=0.05 p=23657)...final answer is 28756

krithika panneer

CA Foundation

★ 11K+

05-Nov-20 10:26