Mr. Akhil invested Rs. 13,500 in FD. How much will he get on maturity, if he invested it at 20% per annum compound interest for 6 months, compounded quarterly?

Mr. Akhil invested Rs. 13,500 in FD. How much will he get on maturity,

1.	Mr. Akhil invested Rs. 13,500 in FD. How much will he get on maturity, if he invested it at 20% per annum compound interest for 6 months, compounded quarterly?
A.	Rs. 14,883.35
B.	Rs. 14,883.75
C.	Rs. 14,883.5
D.	Rs. 14,883
Answer» C. Rs. 14,883.5

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Mr. Akhil invested Rs. 13,500 in FD. How much will he get on maturity, if he invested it at 20% per annum compound interest for 6 months, compounded quarterly?

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