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Mr. Karim deposited Tk. 800 in a bank at 15% annual compound interest rate . At the end of the second year ,the total amount including the interest will be:

Mr. Karim deposited Tk. 800 in a bank at 15% annual compound interest rate . At the end of the second year ,the total amount including the interest will be: Correct Answer 1058

We know,  principal with compound interest, C = P(1 + r)n = 800(1 + 15/100)2 = 800×1.152 = 1058 TK

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