Mike invested Rs. 3750 in a scheme for 3 years at compound interest rate 6.5% p.a. How much amount will Mike get on maturity of the fixed deposit?
Options
A) s.4581.29 B) s.4450 C) s.4500 D) s.4500.25 E) s.4529.81
Amount = [3750 * (1 + 6.5/100)3]   = 3750 *106.5/100 * 106.5/100 *106.5/100   = Rs.4529.81   Answer:s.4529.81
<result>E</result>
Mike invested Rs. 3750 in a scheme for 3 years at compound interest rate 6.5% p.a. How much amount will Mike get on maturity of the fixed deposit?