21. Mr. D deposited the following amount in a bank at the end of each year for...

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21. Mr. D deposited the following amount in a bank at the end of each year for 8 years, which provides interest at the rate of 10% p.a. Find the compounded value of the Cash Flows at the end of 8th year.

End of Year 1 2 3 4–7 8 Amount Deposited (`) 2,500 3,000 4,000 5,000 6,500

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Financial Management

ISBN: 9789352605606

1st Edition

Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana

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