What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for one year, compounding done annually?
Choose the most appropriate option:
A) 9688	B) 9687	C) 9685	D) 9682	E) 8800
A= P{1 + R/100}n   =&gt; 8000{1 + 10/100}1 = Rs.8800   Answer:8800
<result>E</result>
What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for one year, compounding done annually?