Calculate the compound interest on Rs 11800 at 5 percent per annum for 4 years

A2542.97

B2342.97

C2842.97

D2742.97

Answer

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2342.97

CI = P((1+R/100)^T - 1) = 2542.97

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Calculate the compound interest on Rs 11800 at 5 percent per annum for 4 years

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