Find the compound interest on $1200 for 6 years at 20% p.a. if CI is component yearly?
Answers: A) $ 120 B) $ 150 C) $ 2383 D) $ 250 E) $ 300

Rationale: "a = p ( 1 + r / 100 ) ^ t = 1200 ( 1 + 20 / 100 ) ^ 6 = $ 3583 ci = $ 2383 answer is c"
Answer: C