Q: Mr. Akhil invested रु 13500 in a fixed deposit find the total money for 6 months at the rate of compound interest of 20% per annum if the interest is compounded quarterly.
A.
रु 14, 883.35
B.
रु 14,883.75
C.
रु 14,883.5
D.
रु 14,883
Correct Answer:
Option B -
Explanations:
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