What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually? Choose the correct choice from the following choices:
A) 3388 B) 2177 C) 2877 D) 1678 E) 9680
A= P{1 + R/100}n   =&gt; 8000{1 + 10/100}2 = Rs.9680   Answer: 9680
<result>E</result>
What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for two years, compounding done annually?