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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
    ₹5,280
  • 2
    ₹4,820
  • 3
    ₹6,080
  • 4
    ₹5,040
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Answer : 4. "₹5,040"

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