An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be ________________?

Chemical Engineering Mcqs

An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be ________________?

(A)  1000 (1 + 0.1/4)20

(B)  1000 (1 + 0.1)20

(C)  1000 (1 + 0.1/4)5

(D)  1000 (1 + 0.1/2)5



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