Corporate Fin Focused Approach
5th Edition
ISBN: 9781285660516
Author: EHRHARDT
Publisher: Cengage
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
Transcribed Image Text:9. Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at
compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity
of the fixed deposit?
A. O Rs. 8600
В. O Rs. 8620
С.
Rs. 8820
D. O None of these
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