A man saves Rs 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years.
=[200(21/20×21/20×21/20)+200(21/20×21/20)+200(21/20)]
=662.02
A man saves Rs 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years.
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