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| Q.23 | Romesh opened a fixed deposits account in his bank for 3 years by depositing ₹80,000.The bank has promised to pay him compound interest annually at the rate of 7% per annum. What is the maturity value of his FDR? (Nearest to a ₹) | |
| Ans | 1. ₹98,900 | |
| 2. ₹98,010 | ||
| 3. ₹98,003 | ||
| 4. ₹98,970 |
Correct Ans: 3
