MAY 2025Foundation
Find the future value of an investment of ₹ 7,000 compounded quarterly at 10% per annum for 3 years. [Given that (1.025)¹² = 1.34489]
A
(A) ₹ 9,414.20
B
(B) ₹ 7,435.73
C
(C) ₹ 7,941.42
D
(D) ₹ 8,000.00
Find the future value of an investment of ₹ 7,000 compounded quarterly at 10% per annum for 3 years. [Given that (1.025)¹² = 1.34489]
(A) ₹ 9,414.20
(B) ₹ 7,435.73
(C) ₹ 7,941.42
(D) ₹ 8,000.00