23. Mr. W deposited the following amount for consecutive 5 years at the beginning of each year...

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23. Mr. W deposited the following amount for consecutive 5 years at the beginning of each year in a bank. The bank provides interest at the rate of 12% per annum. Find how much he will receive at the end of 5th year.

Beginning of Year 1 2 3 4 5 Amount Deposited (`) 18,000 15,000 14,000 10,000 7,000

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Financial Management

ISBN: 9789352605606

1st Edition

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

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