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  4. |Calculate the compound interest on Rs 14000 at 8 percent per annum for 4 years
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QQuestion DetailMCQ

Calculate the compound interest on Rs 14000 at 8 percent per annum for 4 years

A5046.85
B4746.85
C5246.85
D4846.85

Answer

4746.85

CI = P((1+R/100)^T - 1) = 5046.85

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