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

A. rs. 13,488.50
B. rs. 13,345.50
C. rs. 13,288.50
D. rs. 13,500.50
Answer» A. rs. 13,488.50
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