A man saves Rs.20,000 at the beginning of each year and puts the money – McqOptions

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1.	A man saves Rs.20,000 at the beginning of each year and puts the money in a bank that pays 10% interest per year, interest being compounded annually. What would be the total savings of the man at the end of 6 years?
A.	Rs. 196840
B.	Rs. 169840
C.	Rs. 189480
D.	Rs. 199480
E.	Rs. 168840
Answer» C. Rs. 189480

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