Q148
The compound interest on a sum of Rs. 20,000 at 15% p.a., for 22/3 years, interest compounded yearly is:
The compound interest on a sum of Rs. 20,000 at 15% p.a., for years, interest compounded yearly is:
A.
Rs. 9,098
B.
Rs. 8.896
C.
Rs. 9,000
D.
Rs. 9,095
AnswerAnswer: Option D
Solution
Answer: Option D
Solution: