What is the future value of Rs. 18000 compounded quarterly for 2 years – McqOptions

MCQOPTIONS

1.	What is the future value of Rs. 18000 compounded quarterly for 2 years, if ROI be 8 percent? (Round off the answer to the nearest hundred)
A.	Rs. 21100
B.	Rs. 22000
C.	Rs. 25100
D.	Rs. 21800
Answer» B. Rs. 22000

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