6. A trader deposited `4,00,000 in bank at the rate of 8% p.a. Compound Interest for 5...

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6. A trader deposited `4,00,000 in bank at the rate of 8% p.a. Compound Interest for 5 years. How much will he get at the end of 5 years? (Compounded value of `1 for 5 years

@ 8% p.a. = 1.469)

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Financial Management

ISBN: 9789352605606

1st Edition

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

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