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  4. |Find the compound interest on Rs 8600 at 11 percent per annum for 3 years
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QQuestion DetailMCQ

Find the compound interest on Rs 8600 at 11 percent per annum for 3 years

A2661.63
B3161.63
C3461.63
D2561.63

Answer

3461.63

CI = P((1+R/100)^T - 1) = 3161.63

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