Mr. Y deposited `60,000 in a bank paying 8% Compound Interest per annum for 15 years, on

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● Mr. Y deposited `60,000 in a bank paying 8% Compound Interest per annum for 15 years, on time deposits. What will be the value of the deposit at the end of 15 years? Given FVIF8%, 15 = 3.172169.

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Financial Management

ISBN: 9789352605606

1st Edition

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

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