Mathematics · Compound Interest
A sum of Rs. 22,500 is invested at 4% per annum compound interest, compounded annually. What will be the total amount after 2 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 25,000
- 2Rs. 26,000
- 3Rs. 24,336✓
- 4Rs. 24,500
Correct answer
Rs. 24,336
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