Question

A total of Rs. 14,500 is divided between two individuals, 'A' and 'B', in the proportion 16:13. If 'B' decides to invest his share in a financial scheme that yields a compound interest of 20% per annum, compounded annually, what will be the value of 'B's investment after two years?

A Rs. 9840
B Rs. 10200
C Rs. 9360
D Rs. 8840
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