Find the future value of an investment of ₹ 7,000 compounded quarterly at 10% per annum for 3 years. [Given that (1.025) 12 = 1.34489]

CA Foundation · Quantitative Aptitude · PYQS · May 2025
Find the future value of an investment of ₹ 7,000 compounded quarterly at 10% per annum for 3 years. [Given that (1.025) 12 = 1.34489]
(A) A. ₹ 9,414.20
(B) B. ₹ 7,435.73
(C) C. ₹ 7,941.42
(D) D. ₹ 8,000.00

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. ₹ 9,414.20

Topics: Part-A: Business Mathematics

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