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
Question: 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)20
[A].
[B].
[C].
[D].
Answer: Option A
Explanation:
No answer description available for this question.