What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for six years, compounding done annually?
Pick.
A) 9688  B) 9687  C) 9685  D) 9682  E) 14172
A= P{1 + R/100}n   =&gt; 8000{1 + 10/100}6 = Rs.14172   Answer:14172
<result>E</result>
What amount does Kiran get if he invests Rs.8000 at 10% p.a. compound interest for six years, compounding done annually?