Quantitative Aptitude Interest Compound Interest

Ashok invested ₹18,000 in a post office for 3 years at 5% compound interest. If the interest is compounded once a year. Then how much amount will he receive after 3 years?

1

Rs. 22,961.50

2

Rs. 21,926.00

3

Rs. 22,6291.75

4

Rs. 20,837.25

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