If a depositor puts Rs100 in a bank amount that earns 4 percent interest compounded annually, how much will be in the account after five years ?

If a depositor puts Rs100 in a bank amount that earns 4 percent inter

1.	If a depositor puts Rs100 in a bank amount that earns 4 percent interest compounded annually, how much will be in the account after five years ?
A.	Rs400.00
B.	Rs 104.00
C.	Rs 121.67
D.	Rs 123.98
Answer» D. Rs 123.98