What amount does Kiran get if he invests Rs.9800 at 12% p.a. compound interest for three years, compounding done annually? Choose one
A) 13456  B) 13487  C) 18978  D) 13456  E) 12308
A= P{1 + R/100}n   =&gt; 9600{1 + 12/100}3   = Rs.13487   Answer: 13487
<result>B</result>
What amount does Kiran get if he invests Rs.9800 at 12% p.a. compound interest for three years, compounding done annually?