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766

Q:

What is compound interest on a sum of Rs. 37,500 for $$ {1{1\over 3}}$$ years at a rate of 12 % per year. If the interest is compounded 8 monthly?

  • 1
    Rs.6, 420
  • 2
    Rs.6, 448
  • 3
    Rs.6, 240
  • 4
    Rs.6, 440
  • Show Answer
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Answer : 3. "Rs.6, 240"

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