The Compound interest on Rs 16000 for 9 months at 20% P.a compounded quarterly is:
A. Rs 2518
B. Rs 2520
C. Rs 2522
D. Rs 2524
Answer:C
The Compound interest on Rs 16000 for 9 months at 20% P.a compounded quarterly is:
A. Rs 2518 B. Rs 2520 C. Rs 2522 D. Rs 2524