IBPS
Government Jobs Exams
Numerical Ability
Simple & Compound Interest
Under a scheme of investment, the rate of interest is 4% and the interest is compounded three-monthly. What will be the amount if a man invests Rs. 2000 for 1 year under this scheme?
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- 2000[1+((4/4)/100)^4 = 2081.208
- 10 years agoHelpfull: Yes(1) No(2)
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