Find compound interest on $ 6000 at 15% per annum for 2 years 4 months, compounded annually. Choose the most appropriate option:	A) 2331.75	B) 2209.75	C) 2108.75	D) 2107.75	E) 2100.75
Time = 2 years 4 months = 2(4/12) years = 2(1/3) years.   Amount = $ [6000 X (1+­(15/100))2 X (1+((1/3)*15)/100)]   =$ [6000 * (23/20) * (23/20) * (21/20)= 
<gadget id="calculator">6000 * (23/20) * (23/20) * (21/20)</gadget>
<output>33_327/4 = around 8_331.75</output>
$ 8331.75	.   :. C.I.= Rs. (8331.75 - 6000) = $ 2331.75   2331.75nswer 2331.75.
<result>A</result>
Find compound interest on $ 6000 at 15% per annum for 2 years 4 months, compounded annually.