Q. -What would be the total accumulated amount in 5 years if the sum of Rs. 10,000 is deposited in the bank at an interest rate of 6% per annum compounded monthly (Solved)
1. rs. 13,488.50
2. rs. 13,345.50
3. rs. 13,288.50
4. rs. 13,500.50
- a. rs. 13,488.50