-What Would Be the Total Accumulated Amount in 5 Years

Multiple Choice

-What would be the total accumulated amount in 5 years if the sum of Rs. 10,000 is deposited in the bank at an interest rate of 6% per annum compounded monthly

A) rs. 13,488.50
B) rs. 13,345.50
C) rs. 13,288.50
D) rs. 13,500.50