What amount will be received on a sum of 15000 in 11/4 yr at 12% pa, if interest is compounded quarterly?

What amount will be received on a sum of 15000 in 11/4 yr at 12% pa,

1.	What amount will be received on a sum of 15000 in 1¹/₄ yr at 12% pa, if interest is compounded quarterly?
A.	16596.88
B.	16789.08
C.	17630.77
D.	17389.12
Answer» E.

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What amount will be received on a sum of 15000 in 11/4 yr at 12% pa, if interest is compounded quarterly?

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What amount will be received on a sum of 15000 in 1¹/₄ yr at 12% pa, if interest is compounded quarterly?