Calculate the compound interest on Rs 11700 at 11 percent per annum for 5 years

A8315.18

B8515.18

C8015.18

D7615.18

Answer

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7615.18

CI = P((1+R/100)^T - 1) = 8015.18

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Calculate the compound interest on Rs 11700 at 11 percent per annum for 5 years

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