Please if somebody can solve this problem quickly (need it by 2 pm. today). :
J invests Rs. 6,000, Rs. 8,000, Rs. 10,000 and Rs. 4,000 at the end of each year.
Calculate the compound value at the end of 5 years compounded annually when interest is allowed on the investment @ 12% per annum.
Answer : Rs. 39,464/-.
Please if somebody can solve it quickly. I have an exam this evening.
Best regards.
CAclubindia
