Find the compound interest on Rs 38200 at 5 percent per annum for 3 years

A6421.28

B6021.28

C5521.28

D5621.28

Answer

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5521.28

CI = P((1+R/100)^T - 1) = 6021.28

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Find the compound interest on Rs 38200 at 5 percent per annum for 3 years

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