Mathematics · Interest
A certain sum invested at 8% per annum compound interest, compounded annually, amounts to ₹10,580 at the end of 2 years. Find the sum.
- 1₹9,600.70
- 2₹9,007.64
- 3₹9,400.70
- 4₹9,070.64✓
Correct answer
₹9,070.64
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