Mr Sathya invested money in FD. How much will he get on maturity. if Rs. 14,500 is invested at 20% per annum compound interest for 6 months, compounded quarterly?

Mr Sathya invested money in FD. How much will he get on maturity. if R

1.	Mr Sathya invested money in FD. How much will he get on maturity. if Rs. 14,500 is invested at 20% per annum compound interest for 6 months, compounded quarterly?
A.	Rs. 15,986.25
B.	Rs. 15,986.5
C.	Rs. 15,986.35
D.	Rs. 15,986
Answer» B. Rs. 15,986.5

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Mr Sathya invested money in FD. How much will he get on maturity. if Rs. 14,500 is invested at 20% per annum compound interest for 6 months, compounded quarterly?

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