Find the compound interest on Rs 39600 at 8 percent per annum for 2 years

A7189.44

B5989.44

C6589.44

D6289.44

Answer

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6289.44

CI = P((1+R/100)^T - 1) = 6589.44

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Find the compound interest on Rs 39600 at 8 percent per annum for 2 years

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