Posted by: Pdfprep
Post Date: February 23, 2021
Samantha celebrated her 21st birthday today, her father gave her Rs. 6,25,000/- which is deposited in a account that pays a ROI of 12.25% p.a. compounded monthly. If she wants to withdraw Rs. 7,50,000 on her 31st. Birthday and balance on her 41stBirthday.
How much can she withdraw on her 41st. birthday.?
A . 2114431
B . 1364431
C . 4615995
D . 4333264
Answer: C
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