MAY 2025Foundation
If you deposit ₹4,000 into an account paying 6% annual interest compounded quarterly, how much approximate money will be in the account after 5 years? [Given that (1.015)²⁰ = 1.34489]
A
(A) ₹ 3387.42
B
(B) ₹ 4387.42
C
(C) ₹ 5387.42
D
(D) ₹ 6387.42