Subject

    Bank Exam

    Topic

    Janata Bank 2011 Assistant Executive Officer(AEO)

    Mr. Karim deposited TK 800 in a bank at 15% annual compound interest rate. At the end of the second year, the total amount including the interest will be:

    ক)
    850
    খ)
    900
    গ)
    1025
    ঘ)
    1058

    Explanation

    We know, C=P(1+r/100)n C=800(1+15/100)2 C=1058

    Find Tutors

    View all Tutors