If you have Rs. 850 and you plan to save it for 4 years with an interest rate of 10%, what will be the future value of your savings?

Finance Mcqs

If you have Rs. 850 and you plan to save it for 4 years with an interest rate of 10%, what will be the future value of your savings?

(A)  Rs. 1,000

(B)  Rs. 1,244

(C)  Rs. 1,331

(D)  Rs. 1,464



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