Skip to content
Studycaller

CA Foundation doubt

Rajesh deposits ` 3,000 at the start of each quarter in his savings account. If the accaount earns interest 5.75% per annuam compounded quarterly, how much money (in `) while he have at the end of 4 y

Asked by Harshil24 Dec 20231011 views

4 answers

  1. Numa · 24 Dec 2023

    54308.6 . We have to calculate the future value of annuity immediate compounding quarterly.....( 1+ 5.75/400) ^16

  2. Mehta · 24 Dec 2023

    12437.4938984

  3. Ronak · 24 Dec 2023

    Can you please give us options for this question

  4. Donamol · 24 Dec 2023

    54308.57

Answer or ask in the appGet a CA mentor

Free app · 5 lakh+ learners

Ask your doubt in the Studycaller app

Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.

Get it onGoogle PlayDownload on theApp Store