The compound interest on a sum of Rs 5000 at 8%per annum for 9 months when interest is compounded quarterly is=?

The compound interest on a sum of Rs 5000 at 8%per annum for 9 months

1.	The compound interest on a sum of Rs 5000 at 8%per annum for 9 months when interest is compounded quarterly is=?
A.	s. 300
B.	s. 300.12
C.	s. 306.04
D.	s. 308
Answer» D. s. 308

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The compound interest on a sum of Rs 5000 at 8%per annum for 9 months when interest is compounded quarterly is=?

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