Find the compound interest on $1200 for 3 years at 20% p.a. if CI is component yearly?
Options:
A) $120	B) $150	C) $874	D) $250	E) $300
A = P(1 + R/100)^T   = 1200(1 + 20/100)^3   =$2074   $874I = $874   Answer is $874
<result>C</result>
Find the compound interest on $1200 for 3 years at 20% p.a. if CI is component yearly?