Find the compound interest on Rs 5600 at 4 percent per annum for 2 years

A156.96

B1056.96

C856.96

D456.96

Answer

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456.96

CI = P((1+R/100)^T - 1) = 456.96

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Find the compound interest on Rs 5600 at 4 percent per annum for 2 years

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