Find the compound interest on $ 36,000 at 20% per annum for 9 months, compounded quarterly  Choose the correct choice
A) 2532.6 B) 2552.2 C) 2524.1 D) 5674.5 E) 2512.9
Principal = $ 36000; Time = 9 months =3 quarters;   Rate = 20% per annum = 5% per quarter.   Amount = $ [36000 x (1+(5/100))^3] = $ 41674.5   CI. = $ (41674.5 - 36000)= 
<gadget id="calculator">(41674.5 - 36000)</gadget>
<output>5_674.5</output>
$ 5674.5   Answer 5674.5.
<result>D</result>
Find the compound interest on $ 36,000 at 20% per annum for 9 months, compounded quarterly