An investment of Rs. 1

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

Options:

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`

Answer: Option A

Submit Your Solution Below and Earn Points !

Next Question