A man deposits Rs. 500 at the beginning of each year for 2 years at 10% p.a compound annually. Find the maturity value at the end of the 2nd year.A. Rs. 1,050B. Rs. 1,150C. Rs. 1,155D. Rs. 1,200

A man deposits Rs. 500 at the beginning of each year for 2 years at 10

1.	A man deposits Rs. 500 at the beginning of each year for 2 years at 10% p.a compound annually. Find the maturity value at the end of the 2nd year.A. Rs. 1,050B. Rs. 1,150C. Rs. 1,155D. Rs. 1,200
A.	A
B.	D
C.	C
D.	B
Answer» D. B

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A man deposits Rs. 500 at the beginning of each year for 2 years at 10% p.a compound annually. Find the maturity value at the end of the 2nd year.A. Rs. 1,050B. Rs. 1,150C. Rs. 1,155D. Rs. 1,200

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