Q. An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be

(A) 1000 (1 + 0.1/4)^20
(B) 1000 (1 + 0.1)^20
(C) 1000 (1 + 0.1/4)^5
(D) 1000 (1 + 0.1/2)^5

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✅ Correct Answer: (A) 1000 (1 + 0.1/4)^20

Published by Team MCQ Buddy ⭐ 29.34K Points at 07-May-2023 09:33 pm in Chemical Engineering Plant Economics

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