Mathematics · Compound Interest
A certain sum amounts to ₹ 13,230 in one year at 10% p.a. interest compounded half-yearly. What will be the compound interest on the same sum in 3 years at the same rate of interest, compounded yearly?
- 1₹ 3,792
- 2₹ 3,729
- 3₹ 3,974
- 4₹ 3,972✓
Correct answer
₹ 3,972
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