Mathematics for FinancePYQ May 19Question 1283 of 479
All Questions

A man deposited 8,000\displaystyle 8,000 in a bank for 3\displaystyle 3 years at 5%\displaystyle 5\% per annum compound interest, after 3\displaystyle 3 years he will get

Options

A9200\displaystyle 9200
B8800\displaystyle 8800
C9000\displaystyle 9000
D9261\displaystyle 9261
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option c9000\displaystyle 9000

All Options:

  • A9200\displaystyle 9200
  • B8800\displaystyle 8800
  • C9000\displaystyle 9000
  • D9261\displaystyle 9261

Key Concepts to Understand

More Questions from Mathematics for Finance

Ready to Master Mathematics for Finance?

Practice all 479 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free