Amy invested Rs. 30000 @ 8% per annum for two years. If the interest is compounded quarterly, then the amount received by Amy at the end of the year will be?  Choose the correct answer:	A) 35,147.89	B) 35,149.87	C) 35,148.97	D) 35,147.98	E) 35,149.78
P = Rs. 30000; R = 8% p.a. = 2% per quarter; T = 2 years = 8 quarters   Amount = [30000 * (1 + 2/100)8]   = (30000 * (1.02)8) = Rs. 35,149.78   Answer: 35,149.78
<result>E</result>
Amy invested Rs. 30000 @ 8% per annum for two years. If the interest is compounded quarterly, then the amount received by Amy at the end of the year will be?