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Since you are still a student, the best part - time job that you could find was to be a private tutor that pays TK

Since you are still a student, the best part-time job that you could find was to be a private
tutor that pays TK.5000 per month which accumulates to Tk.60,000 annually. You are still
financially dependent on your parents and so you plan on to save this money till the end of
your BBA, i.e., after 4 years. Standard Chartered Bank (SCB) pays 16% interest
compounded annually on their savings account. How much will you have saved in total at
the end of your BBA program in an SCB savings account?

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