III IC-81 Practice Questions - III IC-81 Mathematical Basis Of Life Assurance Exam

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An individual invests ₹1,00,000 at a compound interest rate of 6% per annum. What is the approximate accumulated amount at the end of 5 years?

₹1,33,823 ₹1,30,000 ₹1,27,628 ₹1,41,851

Correct Answer:

₹1,33,823

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