If you plan to save Rs. 5,000 with a bank at an interest rate of 8%, what will be the worth of your amount after 4 years if interest is compounded annually?

Related Mcqs:

Product costs include which of the following?

A. Selling expenses B. General expenses C. Manufacturing overhead D. Administrative expenses...

Profitability index (PI) rule is to take an investment, if the index exceeds___________?

A. -1 B. 0 C. 1 D. 2...

Which of the following form of business organization is least regulated?

A. Sole-proprietorship B. General Partnership C. Limited Partnership D. Corporation...

The most important item that can be extracted from financial statements is the actual ________ of the firm.

A. Net Working Capital B. Cash Flow C. Net Present Value D. None of the given options...

Choose from the following a symptom which is not relating to “Over Trading”?

A. Cash shortage B. Low inventory turnover ratio C. Low current ratio D. High inventory turnover ratiO...