A man saves Rs 250 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years.  Choose the correct choice from the following
A) Rs 827.53  B) Rs 862.01  C) Rs 822.02  D) Rs 862.03  E) None of these
Explanation:   =[250(21/20Ã—21/20Ã—21/20)+250(21/20Ã—21/20)+250(21/20)]=827.53   Option Rs 827.53
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A man saves Rs 250 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years.