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. $$1000{\left( {1 + \frac{{0.1}}{4}} \right)^{20}}$$
B. $$1000\,{\left( {1 + 0.1} \right)^{20}}$$
C. $$1000{\left( {1 + \frac{{0.1}}{4}} \right)^5}$$
D. $$1000{\left( {1 + \frac{{0.1}}{2}} \right)^5}$$
Answer: Option A
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