Sachi invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5 % per annum. How much Sachi will get on the maturity of the fixed deposit.	Choose the correct choice from the following answers:
A) 8000 B) 8500 C) 8820 D) 8870 E) 8900
8820I = (800*(1+5/100)^2   ==&gt; 8820   ANSWER 8820
<result>C</result>
Sachi invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5 % per annum. How much Sachi will get on the maturity of the fixed deposit.