What amount does Kiran get if he invests Rs.7680 at 8% p.a. compound interest for two years, compounding done annually? Choose the correct choice from the following.
A) 8957  B) 8978  C) 7890  D) 3408  E) 2886
8957= P{1 + R/100}n   =&gt; 7680{1 + 8/100}2   = Rs.8957   8957nswer: 8957
<result>A</result>
What amount does Kiran get if he invests Rs.7680 at 8% p.a. compound interest for two years, compounding done annually?