A public limited Company had sales of Rs.2 million this year. The marketing manager expects sales to grow at a 10 percent compound annual rate over the next 10 years. On this basis, which of the following is the closest amount of sales in 10 years?
► Rs.5,187,485.
► Rs.2,593,722.
► Rs.4,622,885.
► Rs.5,081,309
► Rs.5,187,485.
► Rs.2,593,722.
► Rs.4,622,885.
► Rs.5,081,309
Please give the solution of this question on SOS basis.
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