The document discusses a provident fund with a total amount of Rs. 600 lacs that has been invested for 2 years. Rs. 60 lacs are added annually along with 10% interest compounded annually, resulting in a total of Rs. 660 lacs after 2 years.
Original Description:
AICTE - Report of National Fee Committee - Chairman Justice B. N. Srikrishna
The document discusses a provident fund with a total amount of Rs. 600 lacs that has been invested for 2 years. Rs. 60 lacs are added annually along with 10% interest compounded annually, resulting in a total of Rs. 660 lacs after 2 years.
The document discusses a provident fund with a total amount of Rs. 600 lacs that has been invested for 2 years. Rs. 60 lacs are added annually along with 10% interest compounded annually, resulting in a total of Rs. 660 lacs after 2 years.