If the amount on a certain principal in 3 years at 12% rate of interest compounded annually is Rs. 12,000, what will be the amount (in Rs.) after the 4th year?

If the amount on a certain principal in 3 years at 12% rate of interes

1.	If the amount on a certain principal in 3 years at 12% rate of interest compounded annually is Rs. 12,000, what will be the amount (in Rs.) after the 4th year?
A.	14330
B.	15440
C.	13440
D.	14550
Answer» D. 14550

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If the amount on a certain principal in 3 years at 12% rate of interest compounded annually is Rs. 12,000, what will be the amount (in Rs.) after the 4th year?

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