Mr. Sriram invested Rs. 14,000 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. Sriram invested Rs. 14,000 in FD. How much will he get on maturity

1.	Mr. Sriram invested Rs. 14,000 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. 15,437
B.	Rs. 15,434
C.	Rs. 15,436
D.	Rs. 15,435
Answer» E.

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Mr. Sriram invested Rs. 14,000 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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