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Mr. Naresh deposited Rs.2,000 at the beginning of every month in a bank for five years

Mr. Naresh deposited Rs.2,000 at the beginning of every month in a bank for five years

Mr. Naresh deposited Rs.2,000 at the beginning of every month in a bank for five years, if the interest rate is 12% p.a. compounded monthly, then the accumulated amount he will get after 5 years is


[A]Rs.89,910
[B]Rs.1,34,400
[C]Rs.1,63,340
[D]Rs.1,64,973

Roshan kumar 27-Dec-2017

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