Amit Kumar invested an amount of 15,000 at compound interest rate of 10 pcpa for a period of two years. What amount will he receive at the end of two years?
Choose the correct answer
A) 18,000 B) 18,500 C) 17,000 D) 17,500 E) None of these
Amount = 15000 (1 + 10⁄100)2   = 15000 × 11⁄10 × 11⁄10 = 18150   Answer None of these
<result>E</result>
Amit Kumar invested an amount of 15,000 at compound interest rate of 10 pcpa for a period of two years. What amount will he receive at the end of two years?