

Engineering Economy - Engineering
Q1: Renu Bala deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, she will receive an amount of Rs X 10 years from now, where X isA
Rs 3415
B
Rs 4225
C
Rs 4413
D
Rs 4826
ANS:C - Rs 4413 Let's calculate the future value: |


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