PKR 50,000 invested today at 8% compounded annuall...

IFMP Capital Budgeting - Corporate Finance Certification (CBCFC), Pakistan Practice Questions - IFMP Capital Budgeting - Corporate Finance Certification (CBCFC), Pakistan Exam

Question Number 5

PKR 50,000 invested today at 8% compounded annually grows to which amount after 3 years (nearest PKR)?

PKR 54,000 PKR 62,986 PKR 66,000 PKR 58,000

✔ Correct Answer:

PKR 62,986

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