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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

/ CHEMICAL ENGINEERING, Chemical Engineering Plant Economics / By
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].

[B].

1000 (1 + 0.1)20

[C].

[D].

Answer: Option A

Explanation:

No answer description available for this question.