What is the compound interest on ₹24,000 for 2 years at the rate of 10% per annum, if interest is compounded annually?
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Q:
What is the compound interest on ₹24,000 for 2 years at the rate of 10% per annum, if interest is compounded annually?
- 1₹5,280false
- 2₹4,820false
- 3₹6,080false
- 4₹5,040true
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