Find the compound interest on $ 56,000 at 20% per annum for 9 months, compounded quarterly  Choices:
A) 2532  B) 2552  C) 6524  D) 8827  E) 9512
Principal = $ 56000; Time = 9 months =3 quarters;   Rate = 20% per annum = 5% per quarter.   Amount = $ [56000 x (1+(5/100))^3] = $ 64827.   CI. = $ (64827 - 56000)= 
<gadget id="calculator">(64827 - 56000)</gadget>
<output>8_827</output>
$ 8827.   Answer 8827.
<result>D</result>
Find the compound interest on $ 56,000 at 20% per annum for 9 months, compounded quarterly