Find the compound interest on Rs. 16,000 at 20% per annum for 9 months, compounded quarterly
A. 2622
B. 2722
C. 2422
D. 2522
Answer:D
Find the compound interest on Rs. 16,000 at 20% per annum for 9 months, compounded quarterly
A. 2622 B. 2722 C. 2422 D. 2522