Mr. Murthy invested Rs. 16,000 in a scheme. Find the compound interest, if he invested it at 20% per annum for 9 months, Compounded quarterly?

Mr. Murthy invested Rs. 16,000 in a scheme. Find the compound interest

1.	Mr. Murthy invested Rs. 16,000 in a scheme. Find the compound interest, if he invested it at 20% per annum for 9 months, Compounded quarterly?
A.	Rs. 2523
B.	Rs. 2552
C.	Rs. 2524
D.	Rs. 2522
Answer» E.

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Mr. Murthy invested Rs. 16,000 in a scheme. Find the compound interest, if he invested it at 20% per annum for 9 months, Compounded quarterly?

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