What will be the total amount of interest (rounded off) received .by Ajay if he invests Rs. 10000 for 5 years at an interest rate of 7.5 % compounded quarterly.
A. Rs. 4499
B. Rs. 4490
C. Rs. 4500
D. Rs. 4994
Answer:A
What will be the total amount of interest (rounded off) received .by Ajay if he invests Rs. 10000 for 5 years at an interest rate of 7.5 % compounded quarterly.
A. Rs. 4499 B. Rs. 4490 C. Rs. 4500 D. Rs. 4994