Find the compound interest on Rs 8700 at 7 percent per annum for 3 years

A1957.87

B1457.87

C2357.87

D2457.87

Answer

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1457.87

CI = P((1+R/100)^T - 1) = 1957.87

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Find the compound interest on Rs 8700 at 7 percent per annum for 3 years

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