A shareholder receives dividend amounting to Rs 5000, Rs 5,200, Rs 5,500 and Rs 5,700 during next four years after which he sells the share. He deposits the entire amount of dividend to earn 10%...


A shareholder receives dividend amounting to Rs 5000, Rs 5,200, Rs 5,500 and Rs 5,700 during next four years after which he sells the share. He deposits the entire amount of dividend to earn 10% interest. Find the amount of interest at the end of the fourth year.



May 05, 2022
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