Chemical Engineering Plant Economics (MCQs)

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
Answer: Option A.
Explanation: 
No answer description available for this question

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