If ₹ 10,000 is invested at 8 % per annum, then compounded quarterly. Then value of investment after 2 years is

CA Foundation · Quantitative Aptitude · RTP · September 2024
If ₹ 10,000 is invested at 8 % per annum, then compounded quarterly. Then value of investment after 2 years is
(A) A. ₹ 11,716.59
(B) B. ₹ 10,716.59
(C) C. ₹ 12,715.59
(D) D. none of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. ₹ 11,716.59

Topics: Part-A: Business Mathematics

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