what is the compound interest on rs:40,000 for 4 months at the rate of 5% per annum	Pick one
A) 670.85	B) 671.85	C) 672.85	D) 673.85	E) 674.85
it is monthly compound   rate=5/12% per month   40000*(1+5/1200)^4-40000=670.85   670.85NSWER:670.85
<result>A</result>
what is the compound interest on rs:40,000 for 4 months at the rate of 5% per annum