What amount does Kiran get if he invests Rs.6450 at 15% p.a. compound interest for two years, compounding done annually?
Options
A) 8400	B) 8900	C) 4560	D) 8530	E) 9890
A= P{1 + R/100}n   =&gt; 6450{1 + 15/100}2   = Rs.8530   Answer: 8530
<result>D</result>
What amount does Kiran get if he invests Rs.6450 at 15% p.a. compound interest for two years, compounding done annually?