Mathematics · Compound Interest

How much should you invest today at 10% compound interest annually, to accumulate ₹1,61,051 in 5 years?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹1,11,100
2₹1,10,000
3₹1,11,000
4₹1,000,000✓

Correct answer

₹1,000,000

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