In the name of ALLAH, the most beneficient, the most merciful

Business Finance (ACC501)

Question (select most suitable option)

  Mr. Ali has an opprtunity to invest Rs. 45,000 in a local bank at 13% compound interest rate for 6 years. What amount he will receive after 6 years?
Rs. 93,690
Rs. 80,100
Rs. 97,500
Rs. 65,770