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