What amount would be accumulated in that account at the end of 30 years if ROI is 9 % per annum?

Section A (1 Mark)

Rahul deposits Rs. 30,000/- per year, at the end of the year, into an account for 30 years.

What amount would be accumulated in that account at the end of 30 years if ROI is 9 % per annum?
A . 3498723.56
B . 4089226.15
C . 2345226.34
D . 4298712.9

View Answer

Answer: B