An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be (A) 1000 (1 + 0.1/4)20 (B) 1000 (1 + 0.1)20 (C) 1000 (1 + 0.1/4)5 (D) 1000 (1 + 0.1/2)5

An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be (A) 1000 (1 + 0.1/4)20
(B) 1000 (1 + 0.1)20
(C) 1000 (1 + 0.1/4)5
(D) 1000 (1 + 0.1/2)5
by

1 Answer

Answer :

(A) 1000 (1 + 0.1/4)20
by

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