Calculate the compound interest on Rs 19400 at 6 percent per annum for 2 years

A1997.84

B2397.84

C2697.84

D2197.84

Answer

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2697.84

CI = P((1+R/100)^T - 1) = 2397.84

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Calculate the compound interest on Rs 19400 at 6 percent per annum for 2 years

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