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  4. |Find the compound interest on Rs 11000 at 4 percent per annum for 4 years
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QQuestion DetailMCQ

Find the compound interest on Rs 11000 at 4 percent per annum for 4 years

A2468.44
B2168.44
C1568.44
D1868.44

Answer

1868.44

CI = P((1+R/100)^T - 1) = 1868.44

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