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Q:

Mr. Mike borrowed Rs. 8500 at 4 % per annum compound interest. The compound interest compounded annually for 2 yeas is:

  • 1
    Rs. 9136.6
  • 2
    Rs. 639.6
  • 3
    Rs. 693.6
  • 4
    Rs. 9139.6
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Answer : 3. "Rs. 693.6"

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Maths Compound interest questions

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