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Civil Engineering · Q162

Engineering Economics

Engineering and GATE · Civil Engineering · question 162

Q162

Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is

A.
Rs. 3415
B.
Rs. 4225
C.
Rs. 4413
Answer
D.
Rs. 4826

Answer: Option C

Solution

Answer: Option C
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