Calculate the compound interest on Rs 19700 at 6 percent per annum for 5 years

A6463.04

B6663.04

C6863.04

D6163.04

Answer

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6863.04

CI = P((1+R/100)^T - 1) = 6663.04

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Calculate the compound interest on Rs 19700 at 6 percent per annum for 5 years

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