what is the compound interest on rs:70,000 for 4 months at the rate of 5% per annum	Select the correct option:  A) 1171.98  B) 1172.98  C) 1173.98  D) 1174.98  E) 1175.98
it is monthly compound   rate=5/12% per month   70000*(1+5/1200)^4-70000=1173.98   ANSWER:1173.98
<result>C</result>
what is the compound interest on rs:70,000 for 4 months at the rate of 5% per annum